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Modi named ‘Asian of the Year’ by S’pore daily

Prime Minister Narendra Modi was on Friday named ‘Asian of the Year’ by editors of Singapore’s leading daily, The Straits Times.

“Despite being relatively new to the job, he has already made a mark on Asia, reaching out to neighbours and receiving national leaders including Xi Jinping of China and Tony Abbott of Australia,” said the Singapore Press Holdings Limited, publisher of the daily. It said Modi has had a highly successful visit to Japan for a summit with Prime Minister Shinzo Abe.

“Mr Modi has got India and the world excited about his country’s prospects again. He has given his people a renewed sense of direction and purpose, and there are hopeful signs that he is minded to using his strong mandate to good effect in one of Asia’s major powers. We wish him and India every success,” Warren Fernandez, editor of the daily said.

On the economy, Modi’s call for a Make in India campaign, if pursued to its logical conclusion with a friendlier investment climate and less rigid labour norms, could help fire up the growth engines of the $2 trillion economy and provide welcome ballast to the region when the top Asian economy China is slowing, and Japan is in recession.
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