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Farmers’ interests will be protected: President

He said the country’s GDP is growing at 7.4 per cent, which makes India the fastest growing large economy in the world. He said inflation and food inflation, in particular, are at a record low due to a number of decisive measures taken by the government.

Complementing claims of development with that of concern for the poor, the President said, “My government will work for marginalised section of society.” The president’s address marks the beginning of the crucial Budget session of Parliament. Mukherjee said India’s external sector is now far more resilient, particularly with a moderate current account deficit and a broadly stable rupee. He said the foreign exchange reserves have been substantially augmented. On black money, the President said that the government is committed to take all possible measures to stop generation of black money, both domestically and internationally.

In his hour-long address, he said the government had launched Swachh Bharat Mission to achieve a Clean and Open Defecation-free India by October 2019 and committed to construct a toilet in every school before 15th of August this year. He appealed to Members of Parliament to spend at least fifty per cent of their Local Area Development Scheme Funds on Swachh Bharat Mission. He said that Swachhata has a cascading impact on national development and the potential to generate wealth from waste. He said that the government is giving paramount importance to agriculture, education and health sectors and committed to provide Housing for All by 2022 marking the 75th year of country’s independence. The President said the government attaches top most priority to ensure safety of women and protect the interests of farmers.

He said the fundamental tenet of the government is Sabka Saath Sabka Vikas - All together, development of all. Referring to Make in India programme, he said that stress is being laid on research and innovation focussing attention on manufacturing for creating more jobs. He said the government is committed to optimum utilization and transparency in allocation of natural resources. The process for auction of coal blocks has been started to reduce the power costs.
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