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.
A tense atmosphere prevailed at Jawaharlal Nehru University (JNU) after students protested follow
After a brilliant performance by the bowlers led by fast bowler Arshdeep Singh, India qualified f
Is the UP Madrasa Act valid or illegal? The Supreme Court on Tuesday (November 5, 2024) gave a bi
Prime Minister Narendra Modi addressed the Indian diaspora in New York, USA. While addressin
Nationalist Congress Party (NCP) leader Baba Siddiqui was shot dead in Mumbai on Saturday night.
Maha Kumbh is going to be organized in Prayagraj, Uttar Pradesh. Preparations for the Kumbh Mela
A terrible landslide following heavy rains has wreaked havoc in Wayanad district of Kerala. Lands
Australia's legendary opener David Warner's international cricket caree
Tensions between India and Bangladesh have taken a new turn. The controversy escalated after Must
With the victory in the T20 World Cup 2024, Indian captain Rohit Sharma said goodbye to this form
