NEW DELHI: President Pranab Mukherjee today said days are not far off when India’s economy will be among the top five in terms of absolute value and several glorious chapters will be added to the country’s PSUs in the future.
The President highlighted that major changes were brought in 1956, 1973, 1980 and finally 1991, which is considered as the beginning of the era of liberalisation, as a result of which “the Indian economy unleashed its potential and today it is emerging as the first among the emerging economies”.
“Days are not far off when Indian economy will be considered, I am not merely talking from purchasing power of parity, we are already third (in that), but even in terms of absolute value, Indian economy will be in the first 3,4,5 countries…It is reachable,” Mukherjee said.
Addressing an award function to honour outstanding central public sector enterprises (CPSEs), the President expressed a strong belief that India’s public sector story has not ended, it is unfolding slowly and many more glorious chapters will be added to its credit in the years to come. (AGENCIES)
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