Indian Clarity

Light. Truth. Clarity.

Loading ad...
India

‘Not just a skilled politician but an economist too’, Rajnath lauds...

Share FacebookTwitterWhatsAppPinterestLinkedinCopy URLTelegramEmailTumblrReddItPrintKoo LUCKNOW, Jan 9: Defence Minister Rajnath Singh on Friday heaped praise on Uttar Pradesh Chief Minister Yogi Adityanath, calling him not just a capable politician but also an able economist. Addressing the inauguration function of Ashok Leyland’s electric vehicle (EV) manufacturing plant here in the presence of Union minister H D Kumaraswamy and Adityanath, Singh said, “I earlier believed that you (Adityanath) are adept only in politics, but now I have reached the conclusion that you are equally proficient in economics. “You know very well how profits are generated,” he added.

‘Not just a skilled politician but an economist too’, Rajnath lauds...

Credit: Dailyexcelsior

Key Highlights

  • Explaining the context of his remarks, Singh said the Uttar Pradesh government allotted around 70 acres of land for the Ashok Leyland project at nearly 75 per cent subsidised rates under its industrial policy.
  • While such a decision might appear concessional in the short term, Singh said it reflected Adityanath’s economic foresight as it would generate far greater long-term returns for the state through investment, employment and sustained industrial growth.
  • Singh said the inauguration of the world-class, greenfield integrated commercial EV manufacturing unit marked a proud moment not only for Lucknow but for the entire state, which would prove a milestone in Uttar Pradesh’s industrial journey.
  • Singh also expressed his gratitude to the Ashok Leyland management and the Hinduja Group for setting up their first EV facility in the state, and congratulated the people of Uttar Pradesh for the new industrial investment.
  • Referring to the state capital’s inclusive culture, Singh, who is also the Lucknow MP, told the Hinduja family that the city embraces those who contribute to its growth.
Loading ad...

Sources

  1. ‘Not just a skilled politician but an economist too’, Rajnath lauds...

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Related Stories

Loading ad...