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

IPL 2024: These players will target T20 World Cup through the league, and will push to join Team India

IPL has always been special for cricketers, but this time it will be different. Along with the ti

G7 Summit: PM Modi will leave for Italy today to attend the G7 Summit; the first foreign visit of his third term

Prime Minister Narendra Modi will leave for Italy today. The three-day G7 summit is starting toda

Tanya abuses, Neelam threatens; why did the entire house turn against Abhishek and Ashnoor on 'Bigg Boss 19'?

TV's most popular reality show, "Bigg Boss 19," is becoming more interesting with each episode. W

Waqf Amendment Bill will be presented in Lok Sabha today: Which changes did JPC approve, and what's new in the bill? Know here

The Central Government is going to introduce the Waqf Amendment Bill, 2024 in the Lok Sabha on We

Mahakumbh Stampede: 'VIP culture should end...' Rahul Gandhi's anger erupts on stampede; Akhilesh Yadav also gets angry at Yogi government

There was a stampede in the Sangam area of ​​Prayagraj on Tuesday night. Many people were inj

Corona: Pirola variant of Corona found to be less infectious, study conducted in different laboratories

The new Pirola variant of Corona is less infectious in American laboratories. Research has been d

Weather Update: Delhi shivered due to severe cold, and traffic was affected from ground to sky; Impact on 22 trains and 134 flights

Due to the cold winds coming from the mountains, the cold has increased in the plains. There was

Jammu Terror Attack: Biggest attack on migrant laborers till date...fifth attack this year; TRF takes responsibility

Migrant workers in Kashmir are again the target of terrorists. This is the second terrorist attac

Anuradha Paudwal: Anuradha Paudwal got angry over the obscene dance in Kanwar Yatra, said- 'Stop this nonsense'

As soon as the month of Sawan begins, the Kanwar Yatra also begins. These days, the Kanwar Yatra

116 killed in earthquake in China: When high-rise buildings became piles of debris due to 6.1 magnitude tremors, see

Earthquake Today in China: So far 116 people have been confirmed dead in the earthquake that occu

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