The Economic Times: Modi government has brought us close to Ram Rajya, says Nirmal Jain, Founder, IIFL Group
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The Economic Times: Modi government has brought us close to Ram Rajya, says Nirmal Jain, Founder, IIFL Group

21 Jan, 2024, 09:05 IST
Modi government has brought us close to Ram Rajya, says Nirmal Jain, Founder, IIFL Group

Nirmal Jain, Founder of IIFL Group, has praised the transformative impact of the Modi government's decade-long rule, drawing parallels between the current era and the concept of Ram Rajya—a time characterized by peace, prosperity, and swift justice according to Maharshi Valmiki and Mahatma Gandhi.

"Modi government’s regime in the last ten years has brought us as close to Ram Rajya as one can imagine in the modern era. Maharshi Valmiki described Ram Rajya as the era of peace and prosperity, bereft of thieves, robbers, diseases and so on. We may not experience the mythical Ram Rajya, but the current times have more virtues than ever in living memories. Mahatma Gandhi’s description is also very relevant today. By Ramarajya, I do not mean Hindu Raj.. (but) … Divine Raj.. the ancient ideal of of Ramarajya is undoubtedly one of true democracy in which the meanest citizen could be sure of swift justice," Nirmal Jain said.

He said that all of us can be proud of the significant strides the nation has made economically, socially and politically.

"Economically, we are the fastest-growing large nation. As direct benefits, food, and amenities like gas, water, and electricity reach the bottom of the pyramid, the fruits of growth are better distributed than ever. The accelerated investment in infrastructure and digital technology indicates an even better decade ahead," Nirmal Jain said.

He said that the social government’s schemes like the Jan Dhan Yojna for financial inclusion, Skill India Mission for better employability, Beti Bachao Beti Padhao for gender equality, Pradhan Mantri Jan Arogya Yojna, the health insurance for the masses, availability of gas as a clean fuel in villages, rural electrification and many others, have made a revolutionary impact.

Politically, India’s image and respect have elevated significantly. The achievement of foreign policy is incredible as well to remain friendly with the USA and Russia, Saudi and Israel alike, he said.

"Like a billion other Indians, I am also looking forward to the consecration ceremony of Ram Temple next week. It is a monument of pride for the nation and will attract tourists from all religions and all nations. Just as a Hindu-Jain, I enjoyed visiting St. Peter's Basilica church in the Vatican or the Grand Mosque in Istanbul as much as Sikharji in Bihar; I am sure people from the world over will visit this magnificent monument of India’s rich cultural legacy. Even from an economist’s perspective, investment in rejuvenating historical heritage has enormous returns. India’s grossly under-tapped religious tourism will be unleashed, with other states and significant temples taking the cue from Ayodhya’s potential, as evidenced by Varanasi’s growing popularity as a tourist destination," he added.

India became an internationally recognised name as the nation changed from an ancient, diverse civilisation to a modern state and passed through British rule. Economically, Bharat is India in small towns and villages, and India refers to the metros and educated elites. Two significant changes are happening. From education to entertainment and commerce to cricket, small towns of Bharat are coming to the fore and leading the way. The Ram Temple will get global recognition of the nation’s ancient civilisation. Will history record next week’s event as modern Bharat’s tribute to ancient India? he asked.