This refers to the editorial, “Incentive and subsidy” (February 1). Indeed, it was simply plain-talking that Prime Minister Narendra Modi did during his address at the global business summit. Mr Modi gave a good review of the Indian economy as it stood in the past and as it stands today.
While the Modi Government is determined towards fulfilling its developmental agenda, the need of the hour is that Government initiatives like Make in India, Start-up India, Stand Up India etc, be followed up by increased participation from the private sector.
We need to enhance home production and technological know-how. The private sector is the engine of economic growth that can drive the nation towards the path of development.