Morgan Stanley report shows the change in the country under Modi’s leadership: Chandrasekhar

New Delhi. Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar has said the Morgan Stanley report is the “best and sharpest assessment” on the tenure of the Congress-led United Progressive Alliance (UPA) government. The Morgan Stanley report said that under the leadership of Prime Minister Narendra Modi, India has changed rapidly and has earned a place in the world order. This statement of Chandrashekhar is in relation to this report.

Chandrasekhar told PTI on Wednesday that the report reminded Indians of how the Congress-led UPA government in 2014 had left “a shattered economy”. Nine years later, India has emerged as one of the world’s fastest growing economies with record foreign direct investment. He told, “This report says how India has changed rapidly in less than a decade under the leadership of Modi. This is the most scathing indictment on the time UPA wasted from 2004 to 2014.

The Morgan Stanley report also rejected criticism that despite being the world’s second fastest growing economy and the best performing stock market in the last 25 years, India has not delivered to its potential. The report says that India has changed in less than a decade. “In a short span of 10 years, India has carved a niche for itself in the world order.

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