Prime Minister Narendra Modi on Tuesday addressed a post-budget webinar on the topic 'Financing and the Aspirational Economy'. During this, he said in his address that first of all, I congratulate all of you on the occasion of International Women's Day. It is a matter of pride that the Finance Minister of India is also a woman who has given a very progressive budget to the country this time.
The self-reliant campaign continues in the country
PM Modi said that today the country is running a self-reliant India campaign. To minimize the dependence of our country on other countries, it is necessary to think about how different models of financing of projects related to this can be made. The Prime Minister said that in the budget, the government has taken several steps to continue the momentum of rapid growth. By encouraging foreign capital inflows, reducing tax on infrastructure investment, creating institutions like NIIF, GIFT City, new DFIs, we have tried to accelerate financial and economic growth.
Green financing need of the hour
Prime Minister Narendra Modi said that India's aspirations are related to natural farming, organic farming. If someone is coming forward to do new work in these, then it is necessary to think about how our financial institutions can help him. He said that India has set a target of Net-Zero by the year 2070. Work for this has already started in the country. To speed up these works, it is necessary to accelerate eco-friendly projects. Green financing and study and implementation of such new aspects is the need of the hour today.
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