Encouraging capital investment key to ‘Modinomics’: Gadkari

Measures to encourage capital investment have been an important aspect of “Modinomics” as it is not just a wealth creator but also a means of employment generation, said Union minister Nitin Gadkari on Friday..

“In the 60 years of Congress rule, hatred was spread against capitalists. During the Congress rule, governance was budget-centric,” said the minister of road transport and highways here at an event on the achievements of nine years of the Narendra Modi government.

Encouraging domestic capital investment, and bringing foreign capital for development are necessary to eradicate poverty, he said.