02 June 2020

Editor's Space

MODIfying India

 

 

Infrastructure and connectivity act as arteries for development and growth of any nation. Prime Minister Narendra Modi, who has known scorn and adulation in equal measure won the 2019 elections with a thumping majority. This was seen as a positive outcome for India's growth, according to economists and investors.

 

 

In the past five years, the delivery of infrastructure projects has been expeditious and highly efficient. Under PM Modi’s leadership due attention has been paid to speed up and complete projects which were incomplete or neglected.

 

 

The year 2019 was full of lows with the economic growth at a five-year low, private investments  near decadal lows, bank credit highly constrained, public-private partnerships in infrastructure still to recover from spate of project failures witnessed in early part of the decade and the lines of fiscal strain deepening. However, industry veterans are optimistic about the revival of the market and have immense faith that the government will take the necessary steps to set the economy on track.

 

 

In his Independence Day speech, Modi had asserted that his government will invest Rs.100 lakh crore on developing modern infrastructure that will aid in nearly doubling the size of the Indian economy to USD 5 trillion in the next five years.

 

 

This being our 6th Annual Issue, we take you through some of the leading initiatives by the current government that have brought in and are still bringing in a revolutionary change in MODIfying India.

 

 

We thank our readers and advertisers for all the encouragement and support. Our 6 year journey has been both exhilarating and humbling; we invite you to join us in this incredible ride.

 

 

With a lot happening and set to happen, this month is full of reading material and we are certain that you will have a wonderful read !

 




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