20
Thursday
February 2020
10:10 AM IST
News Headlines
Ishant is hitting good areas, Prithvi should follow instincts: Kohli hints on playing XI        PCB chief hints at Pakistan giving up Asia Cup hosting rights        First 5G handset in India likely to be priced at Rs 50,000        Coronavirus outbreak to hit global growth; to have limited impact on India: RBI Guv        Death toll from China virus surges past 2,000        Necessary to prevent statelessness when nationality laws are changed: UN chief        Maha CM visits Shivneri Fort on Shivaji''s birth anniversary        Can transport minister come to explain govt proposal for introducing EVs, asks SC        SC upheld right to protest but other citizens also have rights: Interlocutors at Shaheen Bagh        Won't rule out playing 2023 World Cup, says Taylor        Sachin Tendulkar wins Laureus Sporting Moment Award for 2011 WC triumph        Messi, Hamilton share Laureus World Sportsman of Year honour; Biles gets third award        Kerala tourism eyes robust growth in domestic tourist footfalls in 2020        RBI Governor says no reason to doubt govt will meet fiscal deficit targets        UK budget on March 11 as planned: new finance minister        Wuhan hospital director dies of coronavirus        Opening of Kartarpur Corridor practical proof of Pakistan's desire for peace, says UN chief        People of Delhi taught a lesson to BJP which it will remember for long time: Gehlot        Delhi court sends Sharjeel to judicial custody till Mar 3 in New Friends Colony anti-CAA violence case        Prashant Kishor questions Nitish Kumar's development in Bihar        
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Kerala News
Modi says fundamentals of Indian economy strong
 
New Delhi: Prime Minister Narendra Modi on Thursday said the fundamentals of the Indian economy were strong and had inherent capability for higher growth rates.

Replying to the debate in Rajya Sabha on a motion thanking the president for his address to the joint sitting of both houses of Parliament, he said there was no reason for being despondent.

Rejecting pessimism over the target of nearly doubling the size of the economy to USD 5 trillion, he said aspirational targets were needed to move ahead.

"There is no question of thinking small. Pessimism and gloom do not help us. We talk about a USD 5-trillion economy. Yes the aim is ambitious, but we have to think big and think ahead," he said, adding his government is focusing on infrastructure development, small businesses, textiles, startups, and tourism.

Modi said the focus on 'Make in India', his government's flagship scheme to boost domestic manufacturing, is yielding results.

Also, tax compliance is being simplified to make it easier to do business in the country.

On Goods and Services Tax (GST), which from July 2017 amalgamated 17 different central and state taxes, he said frequent changes were a reflection of federal structure of the country and showed the government was willing to improve the law.

On Gujarat opposing GST when he was the chief minister, Modi said he had wanted concerns of manufacturing-states such as Tamil Nadu, Maharashtra to be addressed before rolling out of tax regime.

These concerns, he said, were addressed when his government came to power, ensuring rollout of the landmark tax reform.


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ENTERTAINMENT NEWS
'Joker' earns Joaquin Phoenix his maiden Oscar
 Los Angeles: Hollywood star Joaquin Phoenix finally ended his dry run at the Oscars as he picked up  
'Batman' script is beautiful, dark and moving: Colin Farrell
Scriptwriting is underrated: Ayushmann Khurrana
Abhishek Bachchan starts filming 'Bob Biswas'
INTERNATIONAL NEWS
Death toll from China virus surges past 2,000
 Beijing, Feb 19 (PTI) The death toll from the coronavirus epidemic in China crossed the 2,000-mark o
Necessary to prevent statelessness when nationality laws are changed: UN chief
UK budget on March 11 as planned: new finance minister
Wuhan hospital director dies of coronavirus
NATIONAL NEWS
Maha CM visits Shivneri Fort on Shivaji''s birth anniversary
 Mumbai, Feb 19 (PTI) Maharashtra Chief Minister Uddhav Thackeray visited the Shivneri Fort in Pune d
Can transport minister come to explain govt proposal for introducing EVs, asks SC
People of Delhi taught a lesson to BJP which it will remember for long time: Gehlot
Delhi court sends Sharjeel to judicial custody till Mar 3 in New Friends Colony anti-CAA violence case
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