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.
Continuous rain is wreaking havoc in Uttarakhand. A late-night cloudburst in Dehradun's Sahastrad
One Nation One Election Before the Lok Sabha elections in 2024, the Central Government has raised
Once again, the story of the freedom revolution will be seen. Prime Video has announced its new p
Congress has taken a dig at PM Narendra Modi's claim of winning 370 seats in the upcoming Lok Sab
India defeated Afghanistan by six wickets in the first T20 played in Mohali. In this match, the I
Sanvi Sudeep, daughter of well-known South actor Kiccha Sudeep, is in the news these days. Recent
The Supreme Court has dismissed the petition of the former principal of Kolkata's RG Kar Hospital
'Salman Khan has grown old', 'He needs to focus on his fitness a little'... Those giving such adv
The Asian Cricket Council (ACC) has decided to hold the Asia Cup Super-4 and the final match in C
Russian President Vladimir Putin has praised Prime Minister Narendra Modi. Putin on Tuesday (Sept
