'Plug and play': PM Modi calls for bold decisions to spur economic growth

Prime Minister Narendra Modi during his address to the Indian Chamber of Commerce on its 95th Annual Day this afternoon said that every citizen has resolved to turn the Coronavirus crisis into an opportunity. He also said that the country has to be made self-reliant.

The coronavirus pandemic has affected everyone globally and has kept governments busy in bolstering their healthcare systems for the first half of the year. The recovery rates across several countries are on the rise as Covid-19’s infectivity rate is far higher than its mortality rate. Rate of recoveries across countries like India - one of the highest among the infected countries- Germany, Taiwan and South Korea show that despite the lack of vaccine people are recovering from the virus. As per the Ministry of Health and Family Welfare, India recorded 286,579 cases and 8,102 deaths due to the novel Coronavirus infection. Almost 10,000 cases and 357 deaths have been reported in the last 24 hours.


Recovery rates are still low across the Americas as Mexico and the US still continue to report a high number of cases. Brazil continues to remain a hotspot. Covid-19 has also raised fears regarding economic recovery and experts are worried that the pandemic will further push people into poverty.


Prime Minister Narendra Modi during his address to the 95th Annual Day of the Indian Chamber of Commerce (ICC) said that Indian economy has to move out of 'command and control' and be taken towards 'plug and play'. He also said this is the time to make bold decisions and bold investments and not the time for conservative approach, reports ANI.



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