PM Modi refutes ‘dead economy’ claim, Gadkari’s statement amid US tariffs

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PM Modi refutes ‘dead economy’ claim

Union Minister Gadkari promoted higher exports and lower imports, highlighting India’s need for economic and technological might to prevent bullying on a global scale. PM Modi emphasized India’s economic expansion.

Union Minister Nitin Gadkari claimed that countries turn to “dadagiri” (bullying) because to their economic might and technological superiority, and that boosting India’s exports, economy, and growth rate would remove the need to rely on other nations.

Gadkari’s comments coincide with the nation being hit with the biggest tariff ever imposed on a country.

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Speaking on Saturday at the Annual Prestigious Oration Program in Memory of the late Dr. Prof. VG Bhidel, Gadkari went on to say that if India were to acquire greater resources and technology, it would choose global wellbeing over supremacy.

“I don’t think we’ll need to turn to anyone if our exports improve up with the economy and growth rate. Those that engage in dadagiri (bullying) today do so because they have access to technology and are financially secure. “Our culture tells us to work for the good of the globe, so if we obtain superior technology and resources than them, we won’t need to bully anyone,” he remarked.

According to Union Minister Nitin Gadkari, nations who participate in “dadagiri” (bullying) on the international scene do so because of their superior economic might and technological sophistication. Gadkari emphasized the necessity for India to increase exports and decrease imports during his speech on Saturday at the Visvesvaraya National Institute of Technology (VNIT) in Nagpur.

“I don’t think we’ll need to turn to anyone if our economy and exporting rates improve. The people who are engaging in “dadagiri” are doing it because they have technology and are prosperous. He was cited by news agency PTI as saying, “Our culture tells us that the wellbeing of the globe is most important, therefore if we obtain greater technology and resources, we won’t bully anyone.”

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Gadkari emphasized that knowledge-based science and technology are the answer to the world’s problems. He urged research institutes, IITs, and engineering schools to put India’s needs first, adding that the country’s aspiration to become a “vishwaguru” (global leader) depends on lowering imports and increasing exports.

“India is currently the fastest-growing major economy in the world,” Prime Minister Modi stated, highlighting the nation’s economic trajectory. Our economy has improved from tenth to the top five in the past eleven years. We are currently making quick progress to rank among the top three economies. How did we get this fast? The spirit of Reform, Perform, and Transform is where we got it. With sincere efforts and excellent intentions, we were able to reach this pace.

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