Narendra Modi asks banks to pass on rate cut benefits, says day-to-day decision-making a must;
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Prime Minister Narendra Modi has urged banks to pass on the benefits of lower interest rates to customers to boost investment-led growth and assured them that decisions taken in good faith and with sound business rationale would not face a witch hunt.
*The economic growth is not possible if bankers do not take decisions on a day-to-day basis, Narendra Modi said in an interview.
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Prime Minister Narendra Modi has urged banks to pass on the benefits of lower interest rates to customers to boost investment-led growth and assured them that decisions taken in good faith and with sound business rationale would not face a witch hunt. The economic growth is not possible if bankers do not take decisions on a day-to-day basis, Narendra Modi said in an interview. The Narendra Modi government has set a target of investment worth Rs 100 lakh crore to make India a $5 trillion economy in the next five years. At present, India is facing a slowdown in investment, demand, and consumption.
The government is focussed on understanding and solving the problems on a day-to-day basis and budget is neither the beginning nor the end of the work in economic policy, he said. The Prime Minister explained that economic growth means wealth creation for the nation, which means more disposable income in the hands of people. It doesn’t mean more money to the state exchequer. The policies are focussed on improving the competitiveness through long term reform measures and not short term benefits from the transient disruptions, he further added.
The Modi-led government has consistently aimed towards entrepreneurship and seeking higher investments for businesses in India. PM Modi has pointed out that the government wants the investors to earn more, invest more and to create more jobs in the country. The government wants entrepreneurs to get a higher yield on productivity and profits, wants the industry to grow at a higher speed and scale and wants the Indian businesses to get access to bigger markets in India and abroad.
The government has assured honest and law-abiding businesses of all possible support from its end and has urged the industrialists to proceed with their businesses and to complete their investment plans without confusion. Drawing attention to public sector enterprises, he said that the strategic disinvestment of select CPSEs is a priority area of the government. He also mentioned that improving the competitiveness of Indian exporters is more important over just looking towards boosting exports by incentives.
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*Image 1 of 4 : The Prime Minister, Shri Narendra Modi interacting with the Freedom Fighters, during the "At Home" function, hosted by the President, Shri Ram Nath Kovind, on the occasion of 77th Anniversary of the Quit India Movement, at Rashtrapati Bhavan, in New Delhi on August 09, 2019.
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OPINION : 13/08/2019 : 1884.
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*Image 2 of 4 : The Prime Minister, Shri Narendra Modi......
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Sub : Narendra Modi asks banks to pass on rate cut benefits, says day-to-day decision-making a must : August 12, 2019 : FE : PMINDIA
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Prime Minister Narendra Modi has urged banks to pass on the benefits of lower interest rates to customers to boost investment-led growth and assured them that decisions taken in good faith and with sound business rationale would not face a witch hunt.
*The economic growth is not possible if bankers do not take decisions on a day-to-day basis, Narendra Modi said in an interview.
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Prime Minister Narendra Modi has urged banks to pass on the benefits of lower interest rates to customers to boost investment-led growth and assured them that decisions taken in good faith and with sound business rationale would not face a witch hunt. The economic growth is not possible if bankers do not take decisions on a day-to-day basis, Narendra Modi said in an interview. The Narendra Modi government has set a target of investment worth Rs 100 lakh crore to make India a $5 trillion economy in the next five years. At present, India is facing a slowdown in investment, demand, and consumption.
The government is focussed on understanding and solving the problems on a day-to-day basis and budget is neither the beginning nor the end of the work in economic policy, he said. The Prime Minister explained that economic growth means wealth creation for the nation, which means more disposable income in the hands of people. It doesn’t mean more money to the state exchequer. The policies are focussed on improving the competitiveness through long term reform measures and not short term benefits from the transient disruptions, he further added.
The Modi-led government has consistently aimed towards entrepreneurship and seeking higher investments for businesses in India. PM Modi has pointed out that the government wants the investors to earn more, invest more and to create more jobs in the country. The government wants entrepreneurs to get a higher yield on productivity and profits, wants the industry to grow at a higher speed and scale and wants the Indian businesses to get access to bigger markets in India and abroad.
The government has assured honest and law-abiding businesses of all possible support from its end and has urged the industrialists to proceed with their businesses and to complete their investment plans without confusion. Drawing attention to public sector enterprises, he said that the strategic disinvestment of select CPSEs is a priority area of the government. He also mentioned that improving the competitiveness of Indian exporters is more important over just looking towards boosting exports by incentives.
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*Image 3 of 4 : The Prime Minister, Shri Narendra Modi......
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NOTE :
I. Narendra Modi asks banks to pass on rate cut benefits, says day-to-day decision-making a must : 13 Aug, 2019 : ET : PMINDIA
* PM Modi urges banks to pass on the benefits of lower interest rates to customers to boost investment-led growth
* Modi Govt has set a target of investment worth Rs 100 lakh crore to make India a $5 trillion economy in the next five years
* Economic growth means wealth creation for the nation, which means more disposable income in the hands of people: PM
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* Modi Govt has set a target of investment worth Rs 100 lakh crore to make India a $5 trillion economy in the next five years
* Economic growth means wealth creation for the nation, which means more disposable income in the hands of people: PM
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II. Auto industry cheers PM’s support for ICE vehicles : 13 Aug, 2019 : TAA : PMINDIA
* PM Modi’s assurance brings cheers to the suffering automobile and component manufacturers
* PM Modi’s assurance that both internal combustion engine (ICE)-based automobiles as well as electric vehicles (EV) can co-exist brings cheer for automobile manufacturers
* Automobile industry and auto demand will bounce back strongly and soon ahead of festive season, hopes PM Modi
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* PM Modi’s assurance that both internal combustion engine (ICE)-based automobiles as well as electric vehicles (EV) can co-exist brings cheer for automobile manufacturers
* Automobile industry and auto demand will bounce back strongly and soon ahead of festive season, hopes PM Modi
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III.PM Modi says govt targeting Rs 100-lakh crore worth of investment in next 5 years : 13 Aug, 2019 : BT : PMINDIA
* Confident that as far as investors are concerned, India is the best destination in the world, courtesy its skilled human resources and rapidly improving infrastructure: PM
* The vision for the next five years is to have investment-led growth: PM Modi
* We are targeting Rs 100-lakh crore worth of investment in the coming five years: PM Modi
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* The vision for the next five years is to have investment-led growth: PM Modi
* We are targeting Rs 100-lakh crore worth of investment in the coming five years: PM Modi
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*Image 3 of 4 : The Prime Minister, Shri Narendra Modi......
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OUTSTANDING REFORM IN MUSLIM COMMUNITY :
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OPINION : Muslim women write to Prime Minister Modi, hail passage of Triple Talaq Bill : 13 Aug, 2019 : OI : PMINDIA
* Muslim women hail the passage of historic Triple Talaq Bill
* Bushra Sheikh writes a letter to PM Modi, expressing her happiness over the passing of the Triple Talaq Bill
* Muslim woman appreciates passage of Triple Talaq bill in Parliament, writes a letter thanking PM, sends rakhi for him
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* Bushra Sheikh writes a letter to PM Modi, expressing her happiness over the passing of the Triple Talaq Bill
* Muslim woman appreciates passage of Triple Talaq bill in Parliament, writes a letter thanking PM, sends rakhi for him
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*Image 1 of 2 : The Prime Minister, Shri Narendra Modi paying his last respects to the former Union Minister, Smt. Sushma Swaraj, at the funeral ceremony, in New Delhi on August 07, 2019.
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PM MESSAGE : Modi has a message for ‘growth ambassadors’, ‘tax black sheep’: 10 key highlights from PM’s interview
*Government is willing to go as far as possible to fire up the animal spirits in the economy: PM Modi
*PM Modi reassures all honest and law-abiding businesses that government will make all possible effort to end the tax terrorism
* Govt aware of some black sheep in the tax department; Govt has compulsorily retired a number of tax officials, and will not tolerate this behaviour: PM
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*PM Modi reassures all honest and law-abiding businesses that government will make all possible effort to end the tax terrorism
* Govt aware of some black sheep in the tax department; Govt has compulsorily retired a number of tax officials, and will not tolerate this behaviour: PM
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*Image 2 of 2 : The Prime Minister, Shri Narendra Modi consoles family members of the former Union Minister, Smt. Sushma Swaraj, at the funeral ceremony, in New Delhi on August 07, 2019.
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JAY HIND
JAY BHARATHAM
VANDHE MATHARAM
BHARAT MATHA KI JAY
JAY HIND
JAY BHARATHAM
VANDHE MATHARAM
BHARAT MATHA KI JAY
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