Politics
Inclusive spirit a notable factor in India's growth story, says PM Narendra Modi: 10 points
Prime Minister Narendra Modi addresses the Kautilya Economic Conclave in Delhi on Friday.
New Delhi:
Prime Minister Narendra Modi today described India as a sweet spot amid global uncertainty, which is also witnessing transformational changes to support its strong economic growth. He said the optimism around India was a result of good reforms.
Here is your 10-point cheat sheet for this big story
-
“Today, in the context of a global emergency, we are discussing the 'Indian Era' here, and this shows how much the world trusts India… India is the economy that is experiencing fastest growing in the world and the fifth largest economy In terms of adoption rate of fintech, we are the first nation,” PM Modi said at the 3rd edition of the Kautilya Economic Conclave in Delhi. .
-
Prime Minister Modi said the optimism of world leaders and financial experts towards India was not a mere coincidence, but the result of reforms implemented by his government over the last decade .
-
India's gross domestic product (GDP) grew at an impressive 8.2% in FY2024, remaining the fastest growing major economy. The economy grew by 7.2 percent in fiscal 2023 and 8.7 percent in fiscal 2022.
-
“When people's lives are transformed, they start believing in their country. The same is then reflected in their mandate. The trust of 140 million Indians is our strength. We are committed to bringing more structural reforms for the good of India,” the Prime Minister said.
-
“Inclusive spirit” is another notable factor in India's growth, Prime Minister Modi said, adding that his government ensures that the benefits of India's growth reach everyone. “We have increased infrastructure investments on an unprecedented scale over the last decade. India has integrated process reforms with ongoing government activities,” he said.
-
Many global rating agencies and multilateral organizations have also revised their growth forecasts for India upwards. India is the largest manufacturer of two-wheelers and tractors, and the second largest manufacturer of mobile phones. “India has moved from being an importer of mobile phones to being a producer. Across all sectors, there are many investment opportunities in India,” PM Modi said.
-
The Prime Minister spoke about the Production Linked Incentive (PLI) scheme, which was introduced to boost the manufacturing sector. Investments worth Rs 1.25 lakh crore have been made through the PLI scheme, he said.
-
Under its Atmanirbhar and Make in India plans, the government launched the PLI schemes in 14 sectors in 2020 to make Indian manufacturers globally competitive, attract investments, increase exports, integrate India into the global supply chain and reduce dependence on imports.
-
Talking about semiconductor manufacturing, PM Modi said 'Made in India' chips will be available to the world once the five factories under construction are operational. The government has so far approved five semiconductor units in India, construction of which at two sites is underway, and work will begin soon on the remaining three.
-
The Institute of Economic Growth, in partnership with the Ministry of Finance, is organizing the third edition of the Kautilya Economic Conclave on the theme 'The Indian Era'. The conclave from October 4 to 6 brings together nearly 150 national and international academics and policy makers.
Post a comment
|
Sources 2/ https://www.ndtv.com/india-news/inclusive-spirit-notable-factor-of-indias-growth-story-says-pm-narendra-modi-10-points-6717462 The mention sources can contact us to remove/changing this article |
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]
 |
 |
 |
