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.
Ukrainian President Volodymyr Zelensky's visit to the US was quite controversial. The verbal war
Aam Aadmi Party (AAP) has again said that Delhi Chief Minister Arvind Kejriwal's life is in dange
India is going to create the biggest history in the world of space today. ISRO's mission Chandray
Weather Update Today: The rainy season has still not stopped in many parts of the country. At som
Several families have been displaced following protests in Murshidabad over the Waqf (Amendment)
Paresh Rawal did not get the script of Hera Pheri 3, Akshay Kumar does not have the rights?
Hera Pheri 3 is one of the most anticipated films to date which has been in the news since its an
Earthquake tremors were felt in Uttarkashi district of Uttarakhand on Friday morning. During this
Could Salman Khan's next step be towards politics? This time there was a lot of discussion on thi
The air quality is continuously deteriorating in Delhi-NCR. Due to this, the fourth phase of grap
Milind Bharambe, Police Commissioner of Navi Mumbai in Maharashtra, said an investigating officer
