Date
24 January 2017
Prime Minister Narendra Modi said India is ready for a more prominent role on the world stage. Photo: Bloomberg
Prime Minister Narendra Modi said India is ready for a more prominent role on the world stage. Photo: Bloomberg

Modi defends efforts to shake up India’s economy

Indian Prime Minister Narendra Modi said he has set a path for the country’s accelerated growth amid criticisms that he has failed to pursue liberalization efforts to revamp the economy.

In an interview in his New Delhi residential compound on Wednesday, the eve of his second anniversary in office, Modi told the Wall Street Journal that he had further opened up the economy to foreign investment and made changes to curb corruption, fill gaps in rural infrastructure and make it easier to do business.

“I have actually undertaken the maximum reforms,” Modi told the newspaper, but added, “I have an enormous task ahead for myself.”

Modi will visit Washington early next month, and his message will be that India is ready for a more prominent role on the world stage, the Journal said.

He is to meet President Barack Obama and address a joint session of the US Congress.

India, being a nonaligned nation, has been reluctant to play a prominent role in global affairs, but over the past decade, it has formed stronger links with the United States.

“Today, unlike before, India is not standing in a corner,”  Modi told the WSJ.

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