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.
Ahmedabad plane crash An Air India plane crashed today at Sardar Vallabhbhai Patel International
A few days ago, former Congress President Rahul Gandhi (Rahul Gandhi Death Threat) had given a st
The term of Reserve Bank of India (RBI) Governor Shaktikanta Das is ending today on 10 December 2
Raksha Bandhan 2023 Date: Due to the excess month this year, many fasts and festivals including R
Chum Darang needs no introduction today. Chum, who has worked in Badhaai Do and Gangubai Kathiawa
Bangalore police arrested Nikita's mother and brother in a completely filmy style. Two Bangalore
Salman Khan will be seen in the film 'Battle of Galwan'. The poster of the film was released on F
Lal Salaam Teaser: A different level of craze has been created among the fans regarding South Ind
Prime Minister Narendra Modi paid tribute to the heroes of the Kargil War at the Kargil War Memor
Will there be artificial rain in Delhi today? AQI exceeds 300... 'Toxic' air suffocates Delhi-NCR.
The air in Delhi-NCR has remained toxic since Diwali. Due to the pollution levels, GRAP-2 restric
