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

'There is a big flaw in the system... Election Commission has also compromised', Rahul Gandhi raised the issue of Maharashtra elections in America

Leader of Opposition in Lok Sabha Rahul Gandhi has reached America. He addressed a session of stu

Israel-Iran War: If there is a war then India can suffer huge losses, these three things will be directly affected

Iran has declared that it will not back down in the war with Israel. Supreme Leader Ayatollah Ali

Before Kalki 2898 AD, Amitabh Bachchan had brought 'Toofan' as a superhero, these films are included in the list

Amitabh Bachchan is an actor in the Bollywood industry who gives his hundred percent in every cha

Ghazipur Landfill Fire: A Mountain of garbage kept burning, and smoke spread from Delhi to Noida-Ghaziabad

As the mercury rises, the garbage mountain in Ghazipur is on fire once again. The fire

Urvashi Rautela Birthday: Urvashi Rautela has won the most beauty titles, modeling opened the way to acting

Bollywood actress Urvashi Rautela is known more for her glamour and beauty than her acting. Today

IND W vs ENG W: England defeated India by 38 runs in the first T20, Shefali Verma's half-century went in vain

In the first match of the three T20 match series between India and England, India had to face def

India-Pakistan Tension: 24 airports of the country closed due to tension, SpiceJet and Indigo issued an advisory

Pakistan is furious with the Indian action taken under Operation Sindoor. The situation on the bo

PM Modi: Prime Minister Modi will visit three states and will release 21 thousand crores of Kisan Samman Nidhi tomorrow

Bharatiya Kisan Union Chaduni faction has not yet been able to connect with the farmer's organiza

Salaar Day 12 Box Office Report: The buzz about the earnings of Prabhas's 'Salaar' continues, this is the collection on the 12th day

Salaar Day 12 Collection In India: Veteran South Cinema filmmaker Prashant Neel's most awaited mo

Rao Study Centre accident: MCD and fire department guilty in magistrate investigation, this was revealed in the report

The magisterial probe into the death of three UPSC aspirants due to flooding in the basement of R

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