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Prime Minister Narendra Modi stated that he chose to focus on national interest rather than politics when he took office in 2014, which is why he did not introduce a white paper on the economy at that time. However, the current administration has now released a white paper criticizing the previous Congress-led UPA government for the state of the Indian economy. Modi explained that he did not want to undermine public trust and confidence in the country by revealing the dire state of the economy in 2014. He also expressed confidence that India will become the world’s third-largest economy in his third term.

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