Amid the ongoing tariff row, Prime Minister Narendra Modi said on Friday that he would never compromise on the interests of farmers and fishermen, while adding that India must focus on producing high-quality products to strengthen the country's image in the global market. In his address to the nation from the ramparts of the Red Fort on the occasion of 79th Independence Day, the Prime Minister also said that India's mantra in the 21st century should a 'Samriddh Bharat'.
"Farmers, livestock keepers, and fishermen are our top priorities. Any policy that threatens their interests, Modi is standing like a wall against it. India will never compromise when it comes to protecting the interests of our farmers," said PM Modi.
The Prime Minister also said that the country will achieve prosperity if it continues to focus on 'vocal for local'. He stressed that the present generation of India must commit to making the country prosperous.
'Daam Kam Dum Zyada'
"The world values quality, and if we want to strengthen India's image in the global market, we must focus on producing high-quality products. We should work with the mantra: ‘Daam kam, dum zyada’, lower cost, higher value," said PM Modi, while adding that India achieved its freedom through immense sacrifice.
"Remember those years, when an entire nation lived and struggled for freedom. Their dedication gave us independence. Today, our mantra should be ‘Samriddh Bharat’, a prosperous India. If we continue to be vocal for local, we will achieve prosperity. The previous generation gave us freedom; this generation must commit to making India truly prosperous," he said.
Trump imposes 50% tariffs on India
Earlier, US President Donald Trump imposed a 25 per cent tariff on India for purchasing Russian oil, a move he has alleged is fueling the war in Ukraine. Later, he imposed an additional 25 per cent tariff, which will come into effect later this month. With this, Trump has imposed a total of 50 per cent tariff on all Indian products, barring a few exceptions.
India has called Trump's move 'unjustified and unreasonable'. In a statement, the External Affairs Ministry has said that India's energy decisions are guided by its national interest.
The government has also briefed the Parliament about the same and said it would take all necessary steps to protect the country's national interest.
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