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Narendra Modi believes considering India as merely a market would be a mistake

Daily News & Analysis | Last Modified - Oct 15, 2013, 12:39 PM IST

Chief minister addresses Global Meet of Emerging Markets Forum in Virginia, US, through video conferencing.
  • Narendra Modi believes considering India as merely a market would be a mistake
    Narendra Modi believes considering India as merely a market would be a mistake

    Ahmedabad: Chief Minister Narendra Modi on Monday said it would be a mistake to consider India as merely a market.
    “It is a mistake to consider these emerging counties (like India) only as markets. Are they simply markets? Can we change our terminology? They are emerging growth centres! These nations are blessed with immense potential for human resources and in terms of being cost-effective,” said Modi while addressing the Global Meet of Emerging Markets Forum in Virginia, US, through video conferencing.
    The CM also called for a framework to institutionalise innovation & technology adoption and said that citizens are ready to accept the bitter pill for greater good. He also called for a system-based and policy driven governance.
    “People are ready to listen for the sake of development. People are ready for bitter pills only that they want an assurance that what’s happening is for their greater good. People need to have faith,” he said.
    Modi was speaking on ‘Effective Governance in Democracy: The Gujarat Experience’. Coming out strongly in support of democracy, he said, “Democracy has made lives of people much better in a number of countries. There are internal controls in it. A democracy has the process and possibility to raise people’s voices. It is an organic system in the true sense.”
    Modi avowed that for vast countries like India there cannot be a better model of governance than democracy. However, he cautioned against a possible disconnect between people and government after elections are over.
    "In India we have come to a stage when people are not ready to be fooled,” he said. Modi also said that there will always remain a competition between what is urgent and what is important. “When we tackle only urgencies, the real and long term issues are sidetracked,” he said further.
    He also named five areas where democracy can be taken ahead. “First is enhancing level of harmony. Second comes enhancing level of participation. Third comes enhancing level of information followed by enhancing institutionalization. The fifth is enhancing our capacity to listen,” he concluded.
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