PM Modi at FICCI’s 90th Annual General Meeting: We are trying to fight the corrupt system

PM Narendra Modi at FICCI's 90th Annual General Meeting: You must have seen that this Government is taking decisions keeping in consideration the needs of the youth in the country, but you can also see the contrast in the previous Government.

By: Express Web Desk | New Delhi | Updated: December 13, 2017 6:20 pm
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Prime Minister Narendra Modi on Wednesday lauded his government’s effort to help poor people join the banking system with Jan Dhan Yojna. He said that it gives him great satisfaction that poor of this country, who earlier faced hardship in getting a bank account opened, have been able to open bank account with zero balance under Jan Dhan Yojna. Modi was speaking at FICCI’s 90th Annual General Meeting in Delhi.

Highlights

4:54 pm Rumors regarding FRDI are being spread. Govt is working towards protecting interest and rights of depositors but rumors being spread are totally opposite. Contribution of institutions like FICCI important to dispel such rumors: PM Modi

4:51 pm The NPA is the biggest scam of the previous government. This is bigger than the Commonwealth, 2G, Coal scam. Shouldn’t those who remained silent then have spoken: PM Modi

4:47 pm Organisation like FICCI has helped in checking the practice the previous government’s to force banks to give loans to a few industrialists: Modi

4:43 pm The uproar over Non Performing Assets (NPA) that we are seeing these days, it is the biggest liability transferred to us by the previous government: PM

4:41 pm More the system is strong and transparent, more will the people benefit: PM

4:40 pm: We are trying to change the 70-year-old system. It needs strength and courage: Modi

4:39 pm Earlier governments forced banks to give loans to only a few industrialists. This is how they crippled the banking system: Modi

4:38 pm You must have seen that this Government is taking decisions keeping in consideration the needs of the youth in the country, but you can also see the contrast in the previous Government: PM Modi

4:35 pm: This Govrnment is working to end such a fight with the system. We are working to establish a system which is not only transparent, but sensitive as well and that understands the needs of the people: Modi

4:32 pm: We are trying to bring transparency in system so that our policies and schemes are implemented smoothly: Modi

4:30 pm: Poor of this country had to struggle a lot for basic things. Even to get pension and scholarships, they had to give commission. We have tried to wipe out corruption: Modi

 

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  1. Ashok Major
    Dec 13, 2017 at 5:43 pm
    Modi sat on the NPA problem for 40 months allowing it to increase. Beaureaucrats,Banks and politicians colluded to award loans,and this did not stop with Modi election.We should be thankful to Rajan who forced Banks to come clean on NPAs,otherwise we would still be in the dark about the extent of problem.Rajan ,one of the leading,recognised personalities was forced to quit by this govt which requires sychophants.Rajan wouldn't toe govts line to reduce interest rates.Modi has all the powers he needs to go after big tax evaders but has only chosen to target political opponents such as AAP in Delhi Delhi corruption on ground as displayed by police Hafta is continuing openly,illegal construction is rampant,cows are still openly tied on streets adjoining urban villages and producing tonnes of gobhar which mcd is forced to cart away or it is flushed down drains and blocking them.Modi hasn't really introduced one idea of his own.Aadhar,GST were Congress babies.All payments attract ST now
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      Ahmed
      Dec 13, 2017 at 5:39 pm
      We need to bring the Laws of China and Singapore to our Country for the Corrupt people. In China they have death penalty for the Corrupt Employees and Ministers.. In the present circumstances of India, if anybody is expecting the corruption will end, he is dark. Unless drastic and revolutionary laws comes into effect, the situation is not going to be change. All Criminal and Corrupt People as usual will go to Parliament and Assembly Halls and make their fortunes with position and power.......
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      1. Feku Lies
        Dec 13, 2017 at 5:26 pm
        How many lies a person can make on a single day. NPAs and their waivers started in UPA. But at max 11000 Crores is waived by UPA. During current regime, BJP waived 26000 Crores in 2015, 45000 crores in 2016 and in 58000 crores in last 5 months alone this year. Wihtout any laws/control on how to recover bad loans and NPAs - waiving NPAs is the biggest scam of present Govt. Media, People and parties are ignoring this. However, our country's economy would be doomed is this trend continues. Regarding Corruption and Black money - How Jay Shah made an 80 crore with 5000 investment? How Rafael deal is awarded to Reliance with no bidding and compe ion? Why all the tainted people (like Yedurappa, B. Dattatrya) are offered positions? Why Vijay Malya was let out in Business class? During demonetization - many letters are received by ordinary citizens from IT department. Where as Mining tycoon has spent atleast 500 crores for his daughter's wedding? What is IT dept doing?
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        1. IAS IPS
          Dec 13, 2017 at 5:16 pm
          Its once in a century, a strong leader like Modi comes. Country stands with you, so you can safely ignore commie press ude media, naxals sitting in JNU to bastar, suckular brigades especially from bengal, kerela. As an educated youth, i sense all goods that had happened or are about to happen in India
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          1. Ashok Major
            Dec 13, 2017 at 6:25 pm
            We have the right to commit mistakes. Modi during so called wave got only 30 of votes.That means 70 rejected him.So country isn't with this self centered man.Modi has imposed STax on all payments.That means bank services now attract ST.Group housing society bills will now attract GST of 18 .These are taxes imposed by Modi. They weren't there during Congress time. Congress only had a few transactions which attracted ST.Modi govt increased the list and instead of specifying additional items attracting tax,brought into law that all payments attract STax except the few listed in the Negative list.Wah,Modiji,in one stroke you quietly increased tremendously the scope of taxes which take money out of our pockets.Your pliant media kept quiet and did not raise even a hint of protest.But when people actually pay the taxes they will learn how you have increased taxes.And you promised us Ache Din!!And somehow you still have followers singing your praises.Modi reduced the subsidy on cylinders
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              Atul
              Dec 13, 2017 at 6:32 pm
              Only dimwit downright nincom s will believe that the tea vendor from a petty trader state is a strong leader. He may be a strong leader for riots, carnage and genocide. Note I am not a Congress supporter
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              Parth Garg
              Dec 13, 2017 at 5:13 pm
              Always self serving. Condemning the past without doing anything worthwhile.
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