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.
Given the ongoing war between Israel and Iran, the Government of India has started Operation Sind
Frustrated Pakistan retaliated against Iran on Thursday. Pakistani Air Force entered the border o
Prime Minister Narendra Modi owns movable assets worth Rs 3.02 crore. He has Rs 52,920 in cash.&n
In the Chandigarh-Dibrugarh Express derailment on the Gonda-Mankapur rail section, the investigat
Leader of Opposition in Lok Sabha Rahul Gandhi on Wednesday alleged that two Congress workers wer
Prime Minister Narendra Modi, who reached the site of the Air India plane crash, took information
The play of Jagat Niyantara Jagannath Mahaprabhu was completed on Monday at Janam Bedi. Today, Ma
Big news is coming from the Karnataka State Cricket Association, which is embroiled in controvers
After leveling the series 1-1 by defeating England by 106 runs in Visakhapatnam, both the teams h
Swati Maliwal controversy has put not only the Aam Aadmi Party but also the allies of the India A
