Lucknow: The Recent Statement by the Samajwadi Party Chief is neither surprising nor new. Those whose Politics has long been based on appeasement, corruption, superstition and dynasticism raising questions on morality and the Economy is, in itself, a Contradiction.
Dr. Rajeshwar Singh said that comments made on the Indian economy without understanding the global context are not only laughable but also reflect intellectual Superficiality.
Facts are Clear:
According to the IMF, India is the fastest-growing major economy in the World.
India is rapidly moving towards becoming a $5 trillion Economy
Despite global recessionary Pressures, wars and supply Chain disruptions, India has maintained a Strong Growth Rate
Record FDI inflows, a rapidly expanding digital economy and large-scale infrastructure investments are evidence of this Progress
FDI (Foreign Direct Investment):
2004–2014 (UPA): ~$266 Billion
2014–2024 (NDA): ~$740 Billion
India is now among the top 5 global FDI destinations, whereas during the UPA era it was not even in the TOP 8
Forex Reserves:
2004–2014: $113B → $304B
2014–2024: $304B → ~$650B
Nearly doubled despite Challenges like the Global Pandemic
Gold Reserves:
2014: 557 tonnes
2026: 800+ tonnes (so far)
Continuous efforts toward Strengthening economic Security and Stability
Reality of SP Governance
Dr. Singh Stated that during the Samajwadi Party rule, Uttar Pradesh had become synonymous with lawlessness and disorder. Traders and investors were forced to operate in an atmosphere of fear, while corruption and dynastic Politics defined the regime. It is ironic that those who once avoided visiting Noida due to superstition are now delivering lectures on the Economy and Morality.
Today, India and Uttar Pradesh are moving rapidly on the Path of development, investment and good governance. The Public now Stands not with Confusion (illusion), but with facts and Progress.
