President Pranab Mukherjee today addressed the first joint sitting of Parliament as mandatorily required under the Constitution after general elections that brought in the Narendra Modi-led government last month.
Following are the takeaway points of the economic blueprint of Prime Minister Narendra Modi as unveiled by the President Pranab in his address:
1. To contain food inflation and emphasis on improving supplies to contain food inflation
2. To accelerate job creation; allow FDI in sectors that will create jobs, assets. Also, promote labour-intensive manufacturing
3. To undertake reforms to enhance ease of doing business
4. To prepare contingency plan to deal with subnormal monsoon
5. To increase investment in agriculture, infrastructure
6. To invest in world class industrial regions, particularly along the Dedicated Freight Corridors and Industrial Corridors to be set up
7. To make all minority communities equal partners in the country’s progress