In a significant admission, Prime Minister Narendra Modi disclosed that he prioritized “rashtraneeti” (national strategy) over releasing a white paper on the economy when he assumed office in 2014. The revelation came during an interactive session where the Prime Minister reflected on his initial priorities and strategic decisions.
Addressing a gathering of economists and policymakers, PM Modi shared insights into his decision-making process during the early years of his tenure. He acknowledged that his government had chosen to emphasize national security and diplomatic strategies over unveiling a comprehensive white paper on the state of the economy.
The Prime Minister’s revelation sheds light on the strategic choices made by his administration during its formative years. While critics have often questioned the government’s approach to economic transparency, PM Modi’s remarks offer a glimpse into the broader strategic considerations that shaped policy decisions.
During the interactive session, PM Modi emphasized the importance of maintaining a delicate balance between national security imperatives and economic priorities. He highlighted the challenges of navigating complex geopolitical dynamics while simultaneously addressing domestic economic concerns.
The absence of a white paper on the economy during the early years of the Modi government sparked debates and criticism from opposition parties and economic experts. Critics argued that a comprehensive assessment of the economic landscape was essential for informed decision-making and public accountability.
However, PM Modi’s retrospective justification suggests a deliberate choice to focus on broader strategic objectives, including bolstering India’s defence capabilities and enhancing its global diplomatic footprint. The Prime Minister reiterated his government’s commitment to ensuring economic stability and growth while underscoring the significance of a multifaceted approach to governance.
In response to queries about the timing of releasing such a white paper now, the Prime Minister indicated that his government remains committed to transparency and accountability. He noted that while the priorities may have shifted over time, the government is prepared to provide comprehensive insights into the current state of the economy and its future trajectory.
The disclosure by Prime Minister Modi offers valuable insights into the strategic thinking that guided his administration during its initial years in power. As India navigates the complexities of a rapidly evolving global landscape, the Prime Minister’s reflections underscore the intricate balancing act between national security imperatives and economic priorities.