Independence Day speech: PM Modi says wealth creators must be honoured

In his Independence Day speech from the ramparts of Red Fort, Prime Minister Narendra Modi announced the setting up of CDS post, highlighted the dangers of population explosion, among other things

Prime Minister Narendra Modi on Thursday sought to improve the morale of India Inc in the wake of complaints of ‘tax terrorism’, saying people should stop viewing wealth creators with suspicion and that they deserved greater respect. 

Addressing the nation on the 73rd Independence Day from the ramparts of the historical Red Fort, Modi said greater wealth creation would lead to greater distribution and welfare of the poor. “Our investors should invest more, earn more, and generate more jobs,” he said. People involved in creating wealth, he said, were “the wealth of the country” to him.

In the speech, his