Narendra Modi: 'We are determined to make India the third largest economy in the world': PM Modi at G20 meeting


Posted on 24th Aug 2023 10:18 am by rohit kumar

Prime Minister Narendra Modi (PM Modi) virtually addressed the G20 meeting of trade and investment ministers on Thursday. During this, he said that MSME is responsible for 60 to 70 percent of employment. It contributes 50 percent to the global GDP. The Prime Minister also said that we need to address the problems faced by consumers in fair price discovery and grievance redressal mechanisms.

 

'MSMEs need our continued support

PM Modi said MSMEs need our continuous support. Empowerment of MSMEs translates into social empowerment. He said that for us MSME means maximum support to Micro, Small, and Medium Enterprises.

 

'Expanded digitization, boosted innovation'

The Prime Minister said that today we see global optimism, confidence in the Indian economy. India is seen as a combination of openness and opportunities. He said that we have increased competitiveness, increased transparency, expanded digitization, and promoted innovation.

 

In his virtual address at the G20 trade and investment ministers meeting in Jaipur, PM Modi said that it is our responsibility to rebuild trust in international trade and investment in the G20. India's proposal to create a common framework for mapping global value chains is significant. the prime minister said

 

'We will make India the third largest economy'

PM Modi said- We have moved from red tape to red carpet and liberalized FDI flow. We have brought policy stability and are determined to make India the third-largest global economy in the next few years.

 

'Challenges rising with e-commerce'

The Prime Minister said that as cross-border e-commerce is growing, the challenges are also increasing. We need to work collectively to ensure a level playing field between sellers large and small. He said that we must build resilient, inclusive global value chains that can withstand future shocks.

 

Also Read: G20 Summit in Delhi: Other people will not be able to stay in these 18 hotels reserved for heads of state

1 Like 0 Dislike
Previous news Next news
Other news

New Year 2026 Greetings: President, PM, Rahul Gandhi, and Akhilesh Yadav extend New Year wishes, emphasizing the importance of protecting the environment.

Across the country, the New Year 2026 is being welcomed with joy and hope. People are greeting ea

Raveena Tandon: The Supreme Court gave a big order regarding stray dogs in Delhi, and Raveena Tandon got angry

The Supreme Court has given a big decision regarding stray dogs in Delhi. The court has ordered t

Trudeau gave a befitting reply to Donald Trump, on the talk of merging Canada with America, he said - this will never happen.

America's newly elected President Donald Trump has been offering to merge Canada with America for

T20 captain Surya Kumar Yadav's mother wishes injured cricketer Shreyas Iyer on Chhath.

A mother's love is equal for all her children. Whenever her son or any other child is in trouble,

The issue of students' death echoed in the Parliament, slogans of 'You are responsible... You are responsible' were raised; BJP made serious allegations.

The issue of the death of three students in coaching due to waterlogging in Delhi echoed in both

PM Modi: PM will inaugurate the terminal station in Jammu Railway Division, Telangana today, and also inaugurate the tallest cable bridge.

Prime Minister Narendra Modi will lay the foundation stone of the Jammu Railway Division and laun

Who is Justice Sanjiv Khanna who will replace DY Chandrachud as Chief Justice today?

Justice Sanjiv Khanna will be sworn in as the 51st Chief Justice of India (CJI) on Monday at a ce

Anushka Sharma called Rohit and hugged him congratulating the Indian players in this style

The day of 9 March 2025 will be very special and memorable for the Indian team and fans. The Indi

Republic Day 2026: This time, the invitation cards for the 'At Home' ceremony guests are very special, and they will receive a beautiful gift.

The nation is all set to celebrate its 77th Republic Day. As every year, a grand parade and speci

The New Year was welcomed with faith, joy, and cheers; not only in the mountains and by the sea, but also with a surge of devotees at the country's major temples.

The New Year 2026 was welcomed across the country with devotion, joy, faith, and cheers. People e

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash