Thursday, January 27, 2022

‘Freebies’ no longer going to aid India’s development: Venkaiah Naidu

The Information and Broadcasting Minister said that business and industry are vital for the growth of the country

By: PTI | Hyderabad |
August 13, 2016 5:25:12 pm
GST, GST bill and States of India, Indian Sates and GST bill, GST bill news, GST bill and all states of India, India states news, India news, latest news, GST bill passage, GST bill passage news, Union Minister M Venkaiah Naidu. (PTI Photo/File)

Information and Broadcasting Minister M Venkaiah Naidu on Saturday said “freebies” would no longer help the country develop and maintained that reforms were the need of the hour.

Naidu, while addressing students of Indian School of Business (ISB), said, the NDA government is committed to protecting the public sector units and at the same time would encourage private sector participation in India’s growth story.

“We are following a particular model so far – Soviet model of Socialism – which proved to be not harmonious with the Indian situation. Now, we are changing our approach.

“Freebies (free power to public) can no longer take the country forward. We are trying to be populistic like (offering) free power,” he said, while talking about the implementation of ‘Smart Cities’ project.

He said business and industry are vital for the growth of the country and the government would come forward to offer concessions to the industry if it is worthy.

“We are focusing on the ‘ease of doing business’ and removing the obstacles that are there in the business. We have no problems in giving necessary concessions, also so that the business grows and then value is added and employment is created,” he asserted.

“Earlier, the slogan was Automation is anti-nation. Government gives priority to business and to the industry and removed all obstruction. Reforms are also need of the hour,” the senior leader said.

Watch Video: What’s making news


Referring to accumulated losses of Air India and government-run hotels, he said the national carrier has loses to the tune of Rs 40,000 crore and it would impact the public indirectly.

“Now, public sector is also made accountable. If you don’t perform and then you have to go on giving salaries (to the employees of those loss making PSUs), that is not possible. Of course, they should be given the comfort. We got to protect the public sector and at the same time encourage private sector,” he said.

Meanwhile, in an apparent dig at Pakistan, he claimed, “our neighbour is abetting, funding and training terrorism without any hesitation.”

“The entire country says one word that Kashmir is an integral part of India and even Pakistan Occupied Kashmir (POK) has to be with India,” he said.

He also requested political parties not to use the issues pertaining to Dalits for political advantages and categorically stated that law and order is state subject.

Start your day the best way
with the Express Morning Briefing

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest India News, download Indian Express App.

  • Newsguard
  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
  • Newsguard
0 Comment(s) *
* The moderation of comments is automated and not cleared manually by