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Updated: June 14, 2014 19:18 IST

Modi: Country’s financial health has hit bottom

PTI
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Goa Chief Minister Manohar Parrikar welcomes Narendra Modi in Goa on Saturday. Photo: Ganesh Shetkar
Goa Chief Minister Manohar Parrikar welcomes Narendra Modi in Goa on Saturday. Photo: Ganesh Shetkar

Prime Minister Narendra Modi on Saturday warned of “tough decisions” over the next couple of years to improve the country’s financial health, which he said may not go down well with some sections, and attacked the way the previous UPA government had handled the economy.

“Taking tough decisions and strong measures in the coming one or two years are needed to bring financial discipline, which will restore and boost the country’s self-confidence”, Mr. Modi said addressing BJP workers in Panaji.

“I have taken over the reins of the country in circumstances when there is nothing left behind by the previous government. They left everything empty. The country’s financial health has hit the bottom,” Mr. Modi said.

However, in the short run, such measures may not go down well with everybody, he said.

“I am well aware that my steps may dent the immense love that the country has given to me. But when my countrymen would realise that these steps would result in getting the financial health back, then I will regain that love,” said the Prime Minister.

On the other hand, if these tough measures were not taken, the financial situation would not improve, he said, adding “We need to take action wherever required.”

“We won’t be helping the country by praising Modi and praising BJP. There is no guarantee that just singing praise of Modi would improve the situation. We need to take harsh measures to improve the financial situation,” he said.

Keywords: ModiIndian economy

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