India destined to become trendsetter in global economy: Jitendra Singh

New Delhi, July 7 (ANI): Union Minister of State (Independent Charge) for Development of North Eastern Region Dr. Jitendra Singh on Tuesday said that India is a “happening” place today and is destined to become a trendsetter in global economy under the leadership of Prime Minister Narendra Modi.

Singh was addressing the Cost and Management Accountancy (CMA) Awards function organized by the Institute of Cost Accountants of India (ICAI), here today.

Congratulating the young achievers and award winners in the field of Cost and Management Accountancy, he said, “you deserve kudos because you have made it on your own and in the years to come, you have an important role to play because India is progressing by rapid strides and the role of cost and management accountancy is bound to increase manifold”.

“You form the backbone of not only Indian economy but that of the 21st century India”, said Singh and added that this is what makes all the difference and also makes everyone’s role much larger and crucial than ever before.

Referring to the rise in Growth rate, he said, “even though during the last one year after the Modi Government took over, the Growth rate has shown a constant steady rise, but our target is to achieve a double-digit Growth rate for which you can also contribute by suggesting the suitable pricing mechanism.”

Referring to various innovative schemes launched by the Modi Government, he said, pro-poor schemes like “Jan-Dhan Yojana” and “Atal Pension Yojana” are in fact not only a means of productivity and the economic security but these also bridge economic and psychological gap among various sections of India’s heterogeneous society.

Emphasising that India is presently going through one of the best times, Jitendra Singh said that greatest advantage for the Indian economy today is that the present political establishment is favourably inclined.

He also called upon the business community to invest in northeast to accomplish the dream of making northeast a part of larger dream of “Make in India”.

Dr. A.S. Durga Prasad, President of the ICAI, Shri P.V. Bhattad, Vice President, ICAI and other senior officers are present on the occasion. (ANI)

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