
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.
The last and third match of the three-match ODI series between Afghanistan and Ireland (AFG vs IR
IND vs. PAK: Under the captaincy of Rohit Sharma, Team India shattered the pride of Pakistan on M
Cannes Film Festival: Anya Taylor, Joy-Chris Hemsworth shine on the red carpet, Furiosa premiered
The 77th Cannes Film Festival held in France is in the news. Cine lovers all over the world eager
The countdown to the T20 World Cup 2024 has started. This tournament is to start on June 1 under
Modi 3.0 Oath Ceremony: The results of the Lok Sabha elections were declared on Tuesday (4 June).
Bollywood superstar Shahrukh Khan is enjoying the success of his latest release film Jawan these
On the completion of 11 years of the NDA government, Union Home Minister Amit Shah on Monday talk
The results of Maharashtra Assembly Elections 2024 came on Saturday (23 November), but the pictur
Corona has been causing serious health risks globally for more than three years, with new variant
Alia Bhatt is in the headlines for Met Gala 2024. The actress added charm to the event in a Sabya