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In an exclusive interview with Network18 Group Editor-in-Chief Rahul Joshi, Union Home Minister Amit Shah lauded Prime Minister Narendra Modi's transformative leadership by highlighting his incredible economic turnaround and surging stock markets over the past decade.

 

"Prime Minister Narendra Modi has brought about a sea change in the Indian economy over the last 10 years, with the share market skyrocketing," stated Shah.

 

Shah attributed the buoyancy in Indian markets to robust domestic investment, particularly by Indian mutual funds, amidst foreign institutional selling.

 

He talked about the success of schemes like Production-Linked Incentives (PLI), which have positioned India as a global manufacturing hub, attracting investment and fostering a vibrant ecosystem for startups and innovation.

 

"Our children are registering startups every day, our companies are registering patents daily, and a plethora of self-employment opportunities have been created," Shah said.

 

He applauded the nation's palpable growth in entrepreneurship and innovation under Modi's governance.

 

Reflecting on the state of the economy when Modi assumed office, Shah recalled the challenges of mismanagement, sluggish production activities, and plummeting exports that plagued the nation.

 

However, he highlighted the significant strides made since then, with India emerging as a pioneer in sectors set to shape the global economy for the next quarter-century.

 

The minister pointed India's leadership in crucial sectors such as green hydrogen manufacturing and semiconductors.

 

Shah also commended Modi's steadfast commitment to infrastructure development, ensuring inclusive growth across diverse regions of India.

 

He stressed on the unprecedented scale of investment in infrastructure, with substantial allocations from the budget, and record-breaking collections in GST and direct taxes.

 

"PM Modi has also made significant strides in strengthening the country's borders, ensuring national security and territorial integrity," Shah said. Looking ahead, he expressed confidence in India's progression.

 

He proclaimed government's resolve to eliminate Naxalism within one or two years, citing substantial progress in combating the insurgency across several states.

 

Shah concluded the interview by saying,"These 10 years will be written in golden letters in every field, symbolizing India's journey towards prosperity and progress under the visionary leadership of PM Narendra Modi"