State of Economy to Water Mission: Analysing Modi’s I-Day Speech
As Prime Minister Narendra Modi’s address to the nation on the occasion of India’s 73rd Independence Day came to an end, BloombergQuint’s Kaushik Vaidya spoke to a panel of experts to gauge the message behind the prime minister’s 90-minute-long speech.
The guests who participated in the debate included:
- Neelanjan Sircar, Assistant Professor, Ashoka University and Senior Visiting Fellow, Centre for Policy Research
- Amitabh Tiwari, Political Commentator and Strategist, and
- Manoj Joshi, Distinguished Fellow, ORF
Some of the key highlights of PM Modi’s sixth address to the nation from the ramparts of the Red Fort included government scrapping Article 370, lauding initiatives like PM Kisan Nidhi scheme and urging citizens to minimise the use of plastic.
Speaking to BloombergQuint, foreign policy expert Manoj Joshi emphasised on the ‘inward approach’ of the prime minister, which essentially means focus on internal issues.
In his speech, the prime minister highlighted the need to streamline trade and provide ease of doing business. “Wealth creators should not be looked at with suspicion,” said PM Modi suggesting wealth creation will lead to its equitable distribution as well.
Responding to the question on who was prime minister targeting while talking specifically about wealth creators, commentator Amitabh Tiwari was of the view:
“The message was intended for the bureaucrats of the finance ministry. Following the death of CCD founder, there was an issue of tax terrorism, tax for super rich and CSR rules, which make it a punishable offence, these were leading to the creation of an assumption that this government is anti-wealth creators.”
Make In India Shift: From 2014 to 2019
When asked whether the engines of the economy has shifted from a macro level of ‘Make in India’ to a micro level of small and medium scale industries, Sircar said:
He is as aware of the macro characters. Making a grand declaration of which section is going to create jobs is not a smart idea. He is somewhat constrained by the economic realties of the country. These are the kind of assurances that the people want.Nilanjan Sircar, Professor, Ashoka University
On Water & Environment
In his Independence Day address, Modi said half of the country's households do not have access to piped water. He said that his government will spend Rs 3.5 lakh crore to ensure that every Indian household receives piped water by 2024.
But when asked by the anchor if Modi was trying to project himself as a climate warrior when leaders in United States and Australia have taken a step back, Amitabh Tiwari said:
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