HomeNewsTrendsCurrent Affairs'Freebies' no longer going to aid India develop: Naidu

'Freebies' no longer going to aid India develop: Naidu

Naidu, while addressing students of Indian School of Business (ISB) here, said, the NDA government is committed to protecting the public sector units and at the same time would encourage private sector participation in India's growth story.

August 13, 2016 / 17:13 IST
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Information and Broadcasting Minister M Venkaiah Naidu today said "freebies" would no longer help the country develop and maintained that reforms were the need of the hour.

Naidu, while addressing students of Indian School of Business (ISB) here, said, the NDA government is committed to protecting the public sector units and at the same time would encourage private sector participation in India's growth story.

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"We are following a particular model so far - Soviet model of Socialism - which proved to be not harmonious with the Indian situation. Now, we are changing our approach.

"Freebies (free power to public) can no longer take the country forward. We are trying to be populistic like (offering) free power," he said, while talking about the implementation of 'Smart Cities' project.