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

Maha Kumbh 2025: Rejuvenation of ancient temples; Why is Prayagraj called the king of pilgrimages? You will learn about this by visiting them.

Preparations for the Maha Kumbh are in full swing in the holy city of Prayagraj. Not only in the

Lok Sabha Election 2024: Will Nishikant be able to hit a four of victory in Godda? Congress changed its bowler, know the equation here

BJP's Nishikant Dubey, who has won three consecutive matches on the political pitch of Godda in J

Bade Miyan Chote Miyan: This video of 'Bade Miyan Chote Miyan' released before the trailer, created a stir on social media

Akshay Kumar and Tiger Shroff's film 'Bade Miyan Chhote Miyan' is going to be released in just a

Swati Maliwal Case: Hearing Bibhav's bail plea, Swati Maliwal cried in court; The lawyer gave this argument

The hearing on the bail plea of Delhi Chief Minister Arvind Kejriwal's PA Bibhav Kumar&

AUS vs. PAK: What did David Warner do after leaving batting? A repeated feat in ODI cricket after 11 years

Before the start of the ICC World Cup 2023, Australia is facing Pakistan in a warm-up match. Batt

IND vs ENG Playing 11: Two Indian players can debut in Rajkot, Jadeja is fit, and knows possible playing-11

The third match of the five-Test series between India and England will be played in Rajkot from T

PM Modi Gujarat Visit: 'I dedicate the success of Maha Kumbh to Lord Somnath', PM Modi after offering prayers at the temple

Prime Minister Narendra Modi on Sunday offered prayers at the Shri Somnath Jyotirlinga temple in

Nubia Red Magic 9 Pro: New gaming phone launched with a 6500mAh battery and up to 16GB RAM, check the price and features

Nubia has launched Red Magic 9 Pro in China only last month. After China, this phone has now been

IND vs ENG: The Indian team moves towards the next mission, 'Rohit Brigade' would like to confirm booking in the semi-finals by beating the British.

The Indian team, which was undefeated so far in the World Cup, got two days' rest after the match

Delhi Election: 18 thousand rupees every month, what is AAP's 'Pujari-Granthi Samman Scheme'? Kejriwal will launch the scheme today.

AAP, which is embroiled in controversies over registration in Mukhyamantri Mahila Samman Yojana a

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