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.
Kangana Ranaut has been given a ticket by the BJP from the Mandi constituency of Himachal Pradesh
The team's journey ended after RCB's defeat in the eliminator match of IPL 2024. Along with this,
PAK vs CAN: Or die match for Pakistan, one more defeat will knock them out of T20 World Cup 2024
Today, the Pakistan team will face Canada in the 22nd match of the T20 World Cup 2024. This match
India has won the 2025 Asia Cup title. Team India defeated Pakistan by 5 wickets in the final. In
A cloudburst over Lhonak Lake in North Sikkim caused a flash flood in the Teesta River basin on W
Fans have been waiting for Allu Arjun's Pushpa 2 The Rule for a long time. This is one of the mos
In recent times, US President Donald Trump has termed India a dead economy. After this comment by
The excitement for Lok Sabha elections is at its peak in the country. Be it BJP or Congress, ever
A controversial incident has come to light amid increasing cases of atrocities on minority Hindus
Superstar Ram Charan is busy shooting for his next film 'Game Changer'. The s
