Prime Minister Narendra Modi while addressing industry leaders at the CII annual session.
NEW DELHI: A day after Moody’s downgraded India’s credit rating to a notch above junk status on growth concerns, Prime Minister Narendra Modi on Tuesday asserted that the country will definitely get back its economic growth and said reforms undertaken during the lockdown will help the economy in the long-run.
Pledging to undertake more structural reforms that will change the course of the country, he explained the concept of Atma-nirbhar Bharat or Self-reliant India – one where products are Made in India for the world and a nation that is not dependent on others in strategic sectors.
Speaking at CII‘s Annual Session, he called on India Inc to rise to the occasion and partner rural India in these testing times.
“On the one hand we have taken tough steps to fight the virus and on the other, we have taken care of the economy,” he said.
“We have to save the lives of citizens while also stabilise the economy and speed up growth,” he added.
Indian industry, he said, has started talking about ‘getting growth back