Terrorism being fanned to destabilise economy: PC

Home Minister P Chidambaram has said that India's march towards a double digit growth is being hindered by terrorism and militancy.

Terrorism and militancy are being fanned to destabilise the economy of the country which is at the threshold of a double digit growth,Union Home Minister P Chidambaram on Wednesday said.

He said hostile forces seek to undermine the security and stability of our nation.

“Even while they (hostile forces) challenge our borders and our boundaries,they make attempts to destabilize our economy. Terrorism and militancy are being fanned to hinder the growth of our country,” Chidambaram said in his address at the CISF Raising Day Parade here.

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He said since the 1980’s,India has emerged as one of the most happening economies of the world. “The past decade has seen good growth and our economy is on the threshold of a double digit growth,” Chidambaram said.

He said the country’s growth depends on infrastructure and the CISF,which guards some of the most critical installations,is securing India’s future.

About the renewed mandate of the force to provide security to private installations also,the Minister said his Ministry continues to receive requests which are being examined and security will be provided as per priority.

At present the government has selected Information Technology,Power,Oil and Natural Gas sectors as the top three priorities.

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