India’s Economy Making Steady Progress: Ram Nath Kovind

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(FE)

President Ram Nath Kovind apprised the Indian community in Bulgaria of India’s growth story, saying that the economy of the country is making steady progress. Addressing the Indian diaspora in the Bulgarian capital Sofia on Tuesday, President Kovind said, “We have undertaken a range of transformative policy measures to give a new purpose and clarity of visions for inclusive development and good governance in the country. We have imparted a new energy to our economy. India is the fastest growing major economy in the world with the current growth rate of 8.2 percent. We are making steady progress towards becoming a USD 5 trillion economy and the third largest consumer market in the world by 2025.”

The President also hailed the Indian community in Bulgaria as “bridge between the two countries”. “Indian diaspora in Bulgaria constitutes a living bridge between the two countries. There is one common thread which binds us all together. This is our common cultural and traditional heritage. I am happy that you have kept our traditions and festivals alive in this country as well but what is truly heart-warming is the way our Bulgarian friends appreciate and embrace our culture and ethos.”

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