Finance Minister Arun Jaitley on Thursday announced that the central government plans to attain a substantial economic growth in India has unchanged in the shadow of results of Delhi elections.
“I think the government is determined to go ahead on the path of economic reforms. We believe that the kind of reforms we have undertaken are certainly going to bring in investment, generate jobs, improve the quality of life of people and also help us in alleviating poverty levels,” Jaitley said, while speaking at the US-India Economic and Financial Partnership Dialogue.
“It’s only [economic reforms] that will give the strength to the Indian economy to being in a position to expand a large number of our poverty alleviation programmes and social schemes. Therefore, the fact that four elections have been won and one has not been won is absolutely no ground for believing that there would be any slowdown on the path on which we have undertaken,” Jaitley added.
Prime Minister Narendra Modi has been struggling very hard to adopt a proposal for more investment and jobs in the country, however, due to insufficient majority in the upper house of the parliament, he is only stuck with the hurdles.
Reports also suggest that the Prime Minister has also lost the aura it had after registering a massive won in almost every state of India. Arvind Kejriwal’s rebel party Aam Admi Party has severely damaged the Modi’s ‘wave’, which was there in the previous Indian general elections held in 2014.
AAP may ask for BJP support to have a steady growth in the country’s capital. However, the questions are being asked if the party will look for BJP’s help or not. It is a usual phenomenon of accusing each other of being corrupt and dishonest, however, after elections it has been observed that parties do come along to support country’s growth.