PM’s Veiled Dig At Trump’s Dead Economy Remark, US Doubled Tariffs On Indian Goods Amid Trade Tensions

New Delhi : Prime Minister Narendra Modi on Sunday took a veiled dig at United States President Donald Trump’s description of India as a “dead economy”, asserting that the country’s was progressing toward becoming one of the world’s top three economies. PM Modi said the momentum India has gained stems from a spirit of reform, performance, and transformation backed by clear intentions and honest efforts.

The Prime Minister said, this speed came to us from the spirit of reform, perform, and transform. This speed came to us from clear intention and honest efforts. In 2014, Metro was limited to only five cities. And now there is a network of more than 1000 km in 24 cities. Before 2014, about 20,000 km of rail route was electrified. We have electrified more than 40,000 km of rail route in the last 11 years itself… Till 2014, there were only 74 airports in India.

Last week, Trump doubled tariffs on Indian goods to 50 percent, targeting India for continuing to import crude oil from Russia despite US sanctions. Earlier, Trump had reportedly dismissed India as a dead economy in frustration over New Delhi’s refusal to halt oil purchases from Moscow. “I don’t care what India does with Russia. They can take their dead economies down together, the President had said.

In a statement, the Ministry of External Affairs (MEA) said India will take all actions necessary to protect its national interests. “We reiterate that these actions are unfair, unjustified and unreasonable,” it said.

Read Also : Defence Minister Rajnath Singh’s Swipe At Donald Trump Over Tariffs

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