Page 45 - NIS English 01-15 March, 2025

NATION
ET Summit

LEAVING NPA BEHIND, TODAY THE BANK IS IN PROFIT OF 1.25 LAKH CRORES

Presenting the blueprint of the reforms ‘EASE OF DOING BUSINESS’ REPLACES ‘FEAR OF BUSINESS’
done in the banking sector in front of
Prime Minister Modi said that in the last decade, ‘Ease of doing business’ has
everyone, PM Modi said that ten years
ago, it was argued that if there are replaced ‘fear of business’. Due to GST, the single market system that has
no bank branches in the country, how been created in the country is also benefiting the industry a lot. In the last
will financial inclusion happen? Today, decade, there has been unprecedented development in infrastructure. Due
there is a bank branch or banking to this, logistics costs are decreasing in the country, capacity is increasing.
correspondent within a radius of 5 Hundreds of compliances have been abolished, and now with Jan Vishwas
kilometers of almost every village in
2.0, compliances are being reduced even more. I firmly believe that the
the country. It has become very easy
interference of the government in society should be reduced, for this, the
to get a loan for MSMEs today. Today,
government is also going to form a commission.
even street vendors have been given
easy loans. The loan amount given
to farmers has also been more than NOW IS THE TIME FOR PERFORMANCE BASED POLITICS
doubled. Till 10 years ago, news of
Prime Minister Modi said that today our politics has become performance-
record scams and NPAs of banks used
oriented. Now the people of India have clearly said - only he will survive who
to be published. Today, from April to
stays connected to the ground and shows results on the ground. Therefore,
December, government banks have
it is very important for the government to be sensitive to the problems of the
recorded a record profit of more than
Rs 1.25 lakh crore. people.

MENTION OF REFORMS… the Svamitva scheme was started. Under this, a drone
PM Modi said that earlier those reforms used to be survey of more than 3 lakh villages in the country was
done which were compelled to be done. Today reforms done. Property cards were given to more than 2.25
are being done with firm conviction. We kept hearing crore people. PM Modi said that the districts which
for a long time that justice delayed is not justice… but were left out considering them backward, we
how to fix it was not discussed. Referring to the old considered them as aspirational districts. 500 blocks
laws, Prime Minister Modi said that the penal codes of 100 such districts were declared aspirational and
that were in place till some time ago were made in were successful in bringing about change at the
1860. We had become accustomed to living in a slave ground level.
mentality. How could justice be obtained in a system Calling upon all the industrialists who had come to
which has punishment at its core. Therefore, due to this the conference, Prime Minister Narendra Modi said
system, it used to take many years to get justice. We that the real foundation of Viksit Bharat rests on trust.
changed it with the Bhartiya Nyaya Sanhita. There was It is very important to have this element in every citizen
hard work behind this. of the country, every government, every business
PM Modi said that in a UN study, the lack of property leader. The government is working with full force to
rights of the people of a country has been considered increase trust among the countrymen. From business
a big challenge. The situation was the same in India to the interests of new entrepreneurs, the government
too, but who would take so much headache? For this, is working in this direction. n

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