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Prez praises Modi govt
President Pranab Mukherjee on Tuesday had some words of praise for the new Indian government as he credited it for not only initiating steps to bring the economy on a better path but also for creating a \"favourable\" atmosphere for India across the globe.
Ho Chi Minh City: President Pranab Mukherjee on Tuesday had some words of praise for the new Indian government as he credited it for not only initiating steps to bring the economy on a better path but also for creating a "favourable" atmosphere for India across the globe.
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The president said that hopes of substantial Foreign Direct Investment are expected to be ploughed into India in the future. "After the new government (led by Modi) came out with a massive mandate they also worked out...Of course, it is too early to formulate cogent policies for the full five years and get it reflected in the plan document and other documents but the first budget presented by the new government outlines some of the crucial policies and there is substantially continuity and there is change (in policy) where it has been found necessary to do it.
