“A person who is unhealthy cannot derive benefit from exercise, the first six months of this government were focused on making India healthy once again. The ‘exercise’ would begin now,” Modi told the economists .
The economists — Gita Gopinath, Martin Feldstein and Emmanuel Farhi from Harvard University; Mark Aguiar from Princeton University; Erica Field from Duke University; Mathew Gentzkow from University of Chicago Booth School of Business; Anne Krueger, former chief economist, World Bank; John Lipsky, former acting managing director of IMF; Karthik Muralidharan from University of California; James Poterba and Abhijit Banerjee from MIT — are in India as part of the NCAER Neemrana Conference.
Jaitley, who gave an overview of the various decisions taken by the government over the last six months in the economic sphere, expressed confidence that these were giving the desired results. “There is a mood of optimism and expectation from the new government, and the process of pragmatic and realistic decision-making is giving results,” he said. Outlining policies undertaken by the government over the past six months, Modi said skill development and job creation, Pradhan Mantri Jan-Dhan Yojana and Digital India were the key priorities of the government.
These initiatives would boost employment opportunities given that 65 per cent of the country’s population is less than 35 years of age. “Injecting technology into government processes and decision making would provide the best possible solution to the problem of corruption,” he stressed.