Ten foundational principles of governance are pillar of this decade of transformation : Goyal

Chennai / New Delhi, Jan 14 (FN Bureau) Ten foundational principles of governance have been the pillar of this decade of unprecedented transformation under the dynamic leadership of Prime Minister Narendra Modi, during the last 10 years, Union Minister of Commerce and Industry Piyush Goyal said on Tuesday evening. The foundational principles include decisive leadership, root cause analysis, outcome-oriented action, rule of law and transparency, time-bound execution, prioritization of issues, accountability and monitoring, adoption of technology, innovative financing and partnership with all stakeholders, he said, at the annual meet of Tamil magazine ‘Thuglak’ founded by late Cho Ramasamy.

Delivering a keynote address on the theme ‘India’s Rise and the Challenges it Faces’, he said “The remarkable rise that the nation is witnessing is the result of a structured and outcome-driven approach rooted in clear principles and powered by 5Ds–Democracy, Demographic Dividend, Diversity, Demand and Dependability. He said the 10 foundational principles have driven India’s rise across 6 key areas-global leadership; economy, manufacturing and investments; innovation and entrepreneurship; infrastructure development; global soft power and women-led development. “India’s rise in global leadership is a testament to its growing influence, values, and diplomacy on the world stage”, he said.