"Prime Minister Narendra Modi created transparent systems through legislative and institutional changes which have given this country a scam-free governance. "India has transformed from being a part of the "fragile five" to the "bright spot" on the global economic scene. In its initial years, when the world economy was booming, India grew on the strength of global tailwinds. "Notwithstanding the perpetual grumbling, last year of the UPA witnessed Rs 5,15,302 crore being transferred to the states. "Institutional changes thus being enacted and implemented are putting the Indian economy on a far stronger wicket," Jaitley wrote.

Source: Economic Times May 26, 2018 09:22 UTC