Prime Minister Narendra Modi on Monday asserted that the country will be the third-largest economy in the third term of the Bharatiya Janata Party-led NDA government.
PM Modi, while replying to the Motion of Thanks to the President’s address in the Lok Sabha, took a swipe at Congress, quoted the then Finance Minister P. Chidambaram, who presented the Interim Budget for 2014-15, saying that the grand old party was proud of being the 11th largest economy in 2014.
Emphasising that India will be the third largest economy in his third term, PM Modi quoted the then Finance Minister and said, “India was the 11th largest economy in 2014. Today, India is the 5th largest economy, and yet they (Congress) are silent… They saw a vision that India will be the third largest in 30 years. We will not allow the nation to wait for so long. It is Modi’s guarantee that in our third term, India will be the third largest economic power…”
“…On the basis of the experience of 10 years of governance, looking at today’s strong economy and the rapid speed with which India is progressing today, I can confidently say that in our third term, India will be the third largest economic power. This is Modi’s guarantee,” the PM added.
