Narendra Modi Quotes
We would like a stable policy framework, and whatever incentives and tax structures are there should be made known to investors upfront. There should be credibility, clarity and continuity in both policy formulation and its implementation.
Modi, Narendra. Interview by Zoher Abdoolcarim, et al. TIME, 7 May 2015.
Many corporate executives were claiming that they were not investing in growth and jobs because they were uncertain about the future tax rates or regulatory environment with which they would be coping. But with elections coming up, there has never been such certainty, and much of the best growth in American business was in the Clinton administration where these policies were under constant debate. Immelt identified the real problem: Demand for products and services was very weak.
Narendra Damodardas Modi is an Indian politician serving as the 14th and current Prime Minister of India since 2014. He was the Chief Minister of Gujarat from 2001 to 2014 and is the Member of Parliament for Varanasi. Modi is a member of the Bharatiya Janata Party (BJP) and its National Democratic Alliance (NDA). He is also a member of the Rashtriya Swayamsevak Sangh (RSS), a Hindu nationalist volunteer organisation. He is the first prime minister born after India's independence, the second non-Congress one to win two consecutive terms after Atal Bihari Vajpayee and the first from outside the Congress to win both terms with a majority in the Lok Sabha.