PM Modi gives wings to economic dream .... Says India will achieve $5 tn economy goal

PM Narendra Modi

Manama (Bahrain), Aug 24: Prime MInister Narendra Modi on Saturday appealed to the Indian community in Bahrain to motivate the Bahraini people to visit India to witness its rich cultural heritage, stressing that India has decided to achieve the target of becoming $5 trillion economy in the next five years.

Addressng the Indian community, the Prime Minister said, "My visit to Bahrain may be as Prime Minister, but my objective is to meet the Indians settled here and communicate with millions of Bahraini friends."

Modi also greeted the people on the occasion of Janmashtami and said, "I have been told that there is a tradition of narrating Krishna Katha on Janmashtami in the Gulf region. Tomorrow I will visit Shrinathji's temple and pray for the prosperity and peace of all of you and your host country," he said.

"It is also a matter of happiness that tomorrow the redevelopment work of this temple will be formally started," he said.

The Prime MInister said that India has decided to double its economy in the next five years. "The $5 trillion economy target is in front of us and we have a roadmap to achieve that," he said, adding, "various global surveys and indices have shown India's progress."

He said, facilities such as BHIM App, UPI and Jan Dhan account have made banking in India accessible to the general public. "Our Rupay card is now becoming a preferred medium of transaction all over the world. Now our Rupay cards are accepted by banks and sellers all over the world," Modi said.

"I am glad that you will be able to transact in Bahrain soon with RuPay card. We have signed an MoU for using the RuPay card. Our intention is to provide you a facility to send money home in India through the RuPay Card," Modi said.

The Prime MInister also highlighted how his government launched the Chandrayaan 2 mission with minimum expenditure.

"All of you know that on September 7, India's Chandrayaan is going to land on the surface of the Moon. The entire world is discussing India's space mission today. The world is astonished how we are able to do this in such a small budget, using our skills," the Prime MInister said.

The Prime Minister also praised the Indian diaspora for making the counrty proud by their hard work and honesty. 

"There is immense goodwill here for your honesty and loyalty. You have made a place for yourself with your hard work. We have to strengthen this goodwill," Modi said.

The Prime Minister also condoled the death of former Finance Minister Arun Jaitley and said, "We started the political journey together and his death is a personal loss for me."

Here are the main features of his speech:

- The lowest rate of internet data is in India: Modi

- Over the next five years, we will try to double the size of India's economy.

- Five trillion dollar economy is now an achievable target.

- If the size of the economy increases, the purchasing power of every Indian family will also increase.

- Over the last five years, we have built a strong foundation for economic success.

- I will visit Shrinathji Temple tomorrow and will pray for peace & prosperity in this country. It is also a matter of happiness that renovation of this temple will also officially begin tomorrow: Modi

-  It is the sacred festival of janmashtmi today. I wish you & the entire Indian community across the world on 'Krishna Janmotsav'.

- India has decided that we will multiply the size of our economy by twice in the upcoming 5 years. 5 trillion dollars economy in the target in front of us.  

- All of you know that on September 7, India's 'Chandrayaan' is going to land on the surface of moon. The entire world is discussing India's space missions today. The world is astonished that how are we able to gain these results in such small budget, using only our skills: Modi

- When you talk to your family members in India, they tell you they feel a change in the environment. Do you feel a change in India? Do you see a change in the attitude of India? Confidence of India has increased or not? : Modi

- I am fortunate to be the first Indian PM to visit Bahrain: Modi

- I realise that it took a very long time for an Indian Prime Minister to make a visit to Bahrain: Modi

- I can't imagine that I am so far here while my friend has gone away. Some days ago, we lost our former Defence Minister Behen Sushma Ji. Today my friend Arun went away: Modi on Arun Jaitley.

- The entire world is discussing India's space missions today: Modi

News24 Bureau with IANS inputs

Photo: Google image