Good Governance, Zero Corruption Essential For Economic Growth, Says Prakash Javadekar

Giving out an example of good governance by the Modi government, Javadekar referred to the Goods and Services Tax (GST) initiative saying it was a real example of “cooperative federalism”.

Good governance and zero corruption are needed for sustainable economic development in the country, Union Minister Prakash Javadekar said on Thursday. Speaking at the 60th SKOCH Summit here, he exuded confidence that India will become a five trillion dollar economy under the leadership of Prime Minister Narendra Modi in the next five years.

“Good governance and zero corruption are essential for economic growth. Good governance is the basis of good economy. Zero corruption and low inflation are two important keys for any kind of sustainable economic development. Real growth can be seen now with low inflation of three-four per cent. “India will become a five trillion dollar economy under the leadership of Prime Minister Narendra Modi. Policy paralysis never allows sustainable growth. Decisive leadership, on the other hand, gives real support and momentum to the economy. This leadership is being provided by Narendra Modi, which the world can also see,” Javadekar, minister for environment and information and broadcasting, he said.

Source: Financial Express

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