Defence Minister Rajnath Singh Takes Aim at US President Trump Over Tariff Increases
Defence Minister Rajnath Singh took a veiled swipe at US President Donald Trump on Sunday, expressing discontent with the recent tariff hikes on Indian goods. Singh stated that some individuals were envious of India's rapid growth and attempting to disrupt the country's economy. He highlighted that India's economy has become the world's most "dashing and dynamic," with the country rapidly climbing the global economic ranks.
Key Takeaways:
- Singh attributed the US tariff increases to jealousy over India's growth, saying "Some 'boss' is jealous, unable to accept India's growth; trying to disrupt the country's economy."
- The Defence Minister emphasized that India's economy has become the world's most "dashing and dynamic," ranking among the top four globally, up from 11th place in 2014.
- Singh pointed out that India's exports of defence products have increased substantially, from Rs 600 crore in 2014 to over Rs 24,000 crore, with the country now exporting defence products worth more than Rs 24,000 crore.
- The Defence Minister highlighted India's rapid industrial development, with recent investment proposals exceeding Rs 30 lakh crore, making Madhya Pradesh the focal point of this growth.
- Singh performed the groundbreaking ceremony of a rail coach manufacturing unit of Bharat Earth Movers Limited (BEML) in Raisen district, Madhya Pradesh, which will be a major project worth Rs 1,800 crore and create jobs for 5,000 people.
Statistics:
- India's exports of defence products have increased from Rs 600 crore in 2014 to over Rs 24,000 crore.
- The total investment proposals for Madhya Pradesh have exceeded Rs 30 lakh crore, indicating the state's rapid industrial growth.
- The BEML rail coach unit will cost Rs 1,800 crore and create jobs for 5,000 people.
Sources:
- Times of India: Defence Minister Rajnath Singh takes a subtle dig at US President Donald Trump over tariff increases on Indian goods