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“Mr. Modi has said a lot of good things, and Mr. Modi has done some good things,” states Jim Rogers, that is recognized for his terse evaluation of international markets.
US-based expert international financier Jim Rogers has actually revealed positive outlook concerning India’s financial trajectory under the management ofPrime Minister Narendra Modi In a meeting, Rogers applauded the federal government’s initiatives over the previous years, signalling a change in understanding pertaining to India’s financial administration.
“Mr Modi has stated a great deal of good ideas, andMr Modi has actually done some good ideas,” Rogers, who is known for his incisive analysis of global markets, told news agency IANS. He is also known for his expertise and strategic insights on India’s growth under the leadership of PM Narendra Modi in last 10 years.
Reflecting on India’s historical economic policies, he said, “For many decades, Delhi has talked about a lot of good things, but they haven’t really meant it. I never had the feeling that Delhi understood the economics and understood what should happen.”
However, Rogers kept in mind a substantial modification under the existing federal government. “Now, for the very first time in my life, I believe Delhi comprehends and they indicate it, and it’s going to obtain much better,” he added, highlighting a newfound confidence in India’s commitment to economic reforms and growth strategies.
Since coming to power in 2014, the Modi government has implemented several key economic reforms, including the introduction of the Goods and Services Tax (GST), the Insolvency and Bankruptcy Code (IBC), and various initiatives aimed at improving the ease of doing business.