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PM Modi Reiterates $5 Trillion Economy Goal For India's Common Man

Written By Navashree Nandini | Mumbai | Published:

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  • PM Modi addressed the Indian community in Bahrain on August 24
  • PM Modi said that India is progressing today not just because of government but because of participation of people

PM Modi addressed the Indian community in Bahrain on August 24. Speaking on the dream of making India a 5 trillion dollar economy, PM Modi said that India is progressing today not just because of government but because of participation of people of the country. He said the dream of 5 trillion dollar economy is a medium to strengthen the common man of India. Elaborating further, the Prime Minister said: "We would try to double the economy."  He then said that the country has plan as well as potential to be a five trillion dollar economy. He added: "Our aim is to come in top 5 countries in ease of doing Business."

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PM Modi has spoken a number of times on building India as a five trillion dollar economy. In his Independence Day speech, he said: “If 130 crore Indians move ahead with the smallest things the 5 trillion dollar economy can be achieved. Many find it challenging, but if don’t do the challenging tasks, how will the country progress." PM Modi continued, "After 70 years of Independence, we had reached the 2 trillion dollar economy-mark, following the path of growth. But in five years from 2014-19, we have gone from 2 trillion to 3 trillion dollar economy; we have added 1 trillion. If in five years, we could show such a big jump as compared to the previous years, then we can become 5 trillion dollar economy in the next five years and that should be the dream of every Indian."The Prime Minister continued, "When the economy grows, the facilities to improve the lifestyle of the people also increases. Moreover, the opportunities to fulfill the dreams of the smallest of people also grow.” 

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PM Modi's three country visit

PM Modi is on a three country visit - namely France, UAE and Bahrain. Before leaving for his tour, he said the engagements will strengthen India's relations with time-tested friends and help explore new areas of cooperation. This Prime Minister's visit is the first-ever prime ministerial visit from India to the Kingdom. The prime minister met King of Bahrain Shaikh Hamad bin Isa Al Khalifa and other leaders. "I would also take the opportunity to interact with the Indian diaspora. I will be blessed to be present at the formal beginning of the re-development of the temple of Shreenathji - the oldest in the Gulf region in the wake of the auspicious festival of Janmashtami. I am confident that this visit would further deepen our relationship across the sectors," PM Modi had said in his departing statement. 

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