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Union Minister Piyush Goyal emphasized the Narendra Modi government’s application of sound management principles in governance during a virtual address at IIM Lucknow’s Manfest-Varchasva 2024. Goyal lauded the government’s approach of conducting detailed root cause analysis for every problem, leading to robust and sustainable solutions.
Addressing the ‘Flagship Leader Interactive Session ICONS,’ Goyal highlighted key managerial skills employed by the Modi government:
Root Cause Analysis: Thorough examination and understanding of problems to devise effective solutions.
Stakeholder Partnership: Engaging with all stakeholders and incorporating their input into decision-making processes.
Decisive Leadership: A leadership style that actively listens to the concerns and feedback of the people.
Outcome-Oriented Action: Prioritizing results and focusing on the impact of policies and initiatives.
Rule of Law: Emphasizing transparency and adherence to legal frameworks.
Transparency: Ensuring openness and sincerity in all government actions.
Time-Bound Execution: Focusing on timely implementation to define performance.
Innovative Financing Models: Utilizing creative financial approaches for funding development and welfare projects.
Technology Focus: Prioritizing deep technology to drive progress, including the indigenously developed 5G.
Accountability and Monitoring: Implementing systems to hold individuals accountable and monitoring all government programs.
Piyush Goyal underscored the importance of the rule of law, transparency, and time-bound execution, while also emphasizing the government’s innovative financing models and focus on technology. He praised the transformative vision of Prime Minister Narendra Modi, highlighting India’s economic growth and positioning as the fifth-largest global economy.
Piyush Goyal also acknowledged the role of institutions like IIMs in nurturing future leaders and fostering collaboration between academia and governance. He concluded by noting the significant strides made by Uttar Pradesh in terms of law and order, infrastructure development, and improving the quality of life.
