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Modi says fundamentals of Indian economy strong

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Modi says fundamentals of Indian economy strong
Prime Minister Narendra Modi on Thursday said the fundamentals of the Indian economy were strong and had inherent capability for higher growth rates. Replying to the debate in Rajya Sabha on a motion thanking the president for his address to the joint sitting of both houses of Parliament, he said there was no reason for being despondent. Modi said the focus on 'Make in India', his government's flagship scheme to boost domestic manufacturing, is yielding results.