New Delhi: Finance Minister Arun Jaitley on Monday hailed the Narendra Modi government which "systematically and consistently" introduced 14 "iconic reforms", thereby giving the economy a "much-needed" boost in less than five years.

In a detailed blog post, Jaitley said the United Progressive Alliance (UPA) governments between 2004-2014 got stuck in slogans rather than economic expansion. "The first NDA government took key decisions with regard to infrastructure creation and prudent fiscal management. Bold policies on telecom and National Highways made significant impacts on the economy."