Prime Minister Narendra Modi has said that he would work towards making India the world’s third-largest economy in his third term.

In an interview with Network18 Group Editor-in-Chief Rahul Joshi, News18 Lokmat anchor Vilas Bade, and News18 Kannada Editor Hariprasad, Modi said that while he sought to address the basic needs of people in his first term and showed results to the public and filled people with confidence in the second term, he wants to aim for economic strength by building on the achievements of the previous tenures in his third term.

“Now, after the expectations have been transformed into confidence, into aspirations, I want to make the country the third economic superpower in my third term. This will be a continuity — after bringing the country from the 11th to the fifth spot [size of economy in the world],” said Modi.

Modi further said that India was the 11th largest economy when he took over from Manmohan Singh in 2014. The country is now on the fifth spot “after a lot of effort”. He added he wants to keep continuity in his next term.

‘Every household’s power bill should be zero’

While laying out his vision for the third term, Modi talked about the adoption of solar power that would reduce electricity bills of households. He said that every household should have zero power bill with the use of solar power.

Modi said he intends to achieve this through the PM Surya Ghar Yojana. He said the adoption of solar power will also help environment as it will boost the usage of electric vehicles (EVs).

“Now my aim is PM Surya Ghar Yojana and zero electricity bill. I want solar panels in every household. And I just don’t want electricity bills to be zero but I want three things. One, every household’s power bill should be zero; second, we should sell surplus electricity and earn money; and third, I want to be self-reliant in the energy sector as the era of electric vehicles will come,” said Modi.

Modi also said that he wanted to establish start-up and innovation hubs.

Modi further said that he already has a plan for the first 100 days of his third term. He has also said that he has a pathway to make India a developed nation by2027.

“I want to make a start-up hub, manufacturing hub, innovation hub. I want to take the country to a completely new area with a lot of confidence. My vision is clear, I have no doubts. After June 4, I am clear what I have to do in the next 100 days as well as by 2047. I am clear of a Viksit Bharat by 2047. That is why I say 24 by 7 for 2047,” said Modi.

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In my first term I addressed basic needs; in second, I filled people with confidence; in third…: PM Modi