The Vice President of India, M. Venkaiah Naidu has said that recognizing talent and merit has been part of India’s culture and traditions and presenting these types of awards provide inspiration to others. He was addressing the gathering after giving away Swarajya Awards 2017, organized by India Ideas Conclave 2017, in Panaji, Goa today. The Chief Minister of Goa, Shri Manohar Parrikar, the Minister of State for Civil Aviation, Shri Jayant Sinha and other dignitaries were present on the occasion.
The Vice President said that there is an abundance of talent, which has to be encouraged, promoted and duly recognized in all walks of life and India in ancient times controlled more than one-third of global wealth and about two centuries ago, the country’s GDP was 27 per cent of the world GDP. He further said that India is set to become the fastest growing large economy again and only the other day, the UN’s World Economic Situation Report projected India’s GDP to grow at 7.2 per cent in 2018 and 7.4 per cent in 2019. It said that the outlook for India remained largely positive, underpinned by robust private consumption and public investment as also due to the ongoing structural reforms, he added.