S K Narvar, Chairman of Capital India Corp, talks about PM Modi’s recent address at the Investors Summit in Madhya Pradesh about modernizing India with unprecedented infrastructural changes. Modiji is creating an India where the investment climate will become attractive for the country’s development.
Ques: Prime Minister Narendra Modi speech during ‘Invest Madhya Pradesh – Global Investors Summit 2023’, mentioned the present as the ‘Amrit Kaal’ to build a new, developed India. How do you view this perception?
SK Narvar: Honourable PM Shri Modiji mentioned the nation’s journey on a ‘reform, transform and perform’ path. IMF had declared us as the ‘bright spot’ of the global economy. The World Bank says India can deal with global headwinds better because of solid macroeconomic fundamentals. A strong leadership under PM Modi has helped attract international investors who understand the economic growth potential of our country. Together, it defines the ‘Amrit Kaal’. With our dual benefits of democracy and demography, we are viewed as an attractive emerging economy (EM).
Ques: What is PM’s vision of the National Master Plan?
SK Narvar: The National Master Plan (NMP) is bringing the entire nation’s infrastructure growth plan under a single platform implementing PM’s Gatishakti vision. Previously, infrastructure growth has often been haphazard or in select states, creating uneven experiences and blockages. However, an all-India plan led by the Central government and implemented by central agencies has led to speedier infrastructure building and better quality. As a result, the pace of construction of National Highways, airports and ports has been significantly speeding up. In addition, it has resulted in revenue and growth benefits to many other sectors and players.
