homeeconomy NewsFrom tackling illegal infiltration to economic reforms, here's what President Kovind said during his address to a joint session of Parliament

From tackling illegal infiltration to economic reforms, here's what President Kovind said during his address to a joint session of Parliament

In his address to the joint sitting of both houses of Parliament in the historic Central Hall, he said government is moving ahead to create a strong, secure and inclusive India.

Profile image

By PTI Jun 20, 2019 1:56:18 PM IST (Updated)

Listen to the Article(6 Minutes)
The people of India have given the mandate to continue with the country's development journey that started in 2014, President Ram Nath Kovind said Thursday.

Share Market Live

View All

In his address to the joint sitting of both houses of Parliament in the historic Central Hall, he said the government is moving ahead to create a strong, secure and inclusive India.
In his customary address after the formation of the 17th Lok Sabha, the President also said that government has started a pension scheme to help farmers and small traders live a life of dignity.
Congratulating the Election Commission and crores of officials and security personnel involved in holding the general elections, he pointed out that over 61 crore people voted in the Lok Sabha polls, creating a record.
He said women came out in large numbers to exercise their franchise.
He said a record 78 women have been elected as members of the Lok Sabha -- the highest ever and almost half of the elected members are first-timers.
"In this election, the people of the country gave a clear mandate. After the assessment of the government's first tenure, the people have given it a bigger mandate this time," he said. He said, by doing so, the people have given a mandate to accelerate the development process initiated in 2014.
He said, "Illegal infiltrators pose a major threat to our internal security. This is leading to social imbalance in many parts of the country, as well as putting a huge pressure on limited livelihood opportunities. My Government has decided to implement the process of ‘National Register of Citizens’ on priority basis in areas affected by infiltration. Security along the border will be further strengthened to prevent infiltration," adding, "While on the one hand, Government is working to identify the infiltrators, on the other, it is also fully committed to protecting the victims of persecution due to their faith. In this regard, efforts will be made to amend the Citizenship Act while protecting the linguistic, cultural and social identities."
On economic reforms, Kovind said India is on its way to become world's fifth largest economy. He said, "To maintain the high growth rate, reform process will continue. It is our objective to make India a $5 trillion economy by 2024."
He further said, "Taxation regime plays an important role in accelerating economic development. Along with continuous reform, simplification of taxation system is also being emphasised.  Exemption to persons earning up to Rs. 5 lakh from payment of income tax is an important step in this direction."

Most Read

Share Market Live

View All
Top GainersTop Losers
CurrencyCommodities
CurrencyPriceChange%Change