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

PM Modi: Maa Kali's crown which PM Modi had gifted, was stolen from a temple in Bangladesh

The Jeshoreshwari temple of Maa Kali in Satkhira, Bangladesh, is very famous. When PM Modi visite

Four months of violence in Manipur: 175 killed, over 1100 injured; Miscreants set fire to 4,786 houses

Violence has been going on in Manipur for four months. At least 175 people have been killed in th

Bharat Bandh 2025: Bharat Bandh today... What will be the impact on railway, bus, bank, and postal services? Understand everything in 10 points.

A joint platform of 10 central trade unions across the country has announced a 'Bharat Bandh' tod

Will the Vaishno Devi Medical College be shut down? Controversy intensifies over giving seats to Muslims, and the BJP also comes out in support.

The Shri Mata Vaishno Devi Institute of Medical Excellence will be permanently closed even before

'Mamata Banerjee is no less than Kim Jong', BJP hits back at the statement on the PM's chair

There are continuous protests in Bengal over the atrocities that took place in Kolkata's RG Kar M

Covid-19: Are lockdown like situations happening again? Increasing cases of FLiRT variant scare, be careful

Cases of coronavirus infection are being seen increasing once again in many countr

Today, for the first time, PM Modi will present the National Creators Award, and 23 winners including three international ones will be honored.

Prime Minister Narendra Modi will present the National Creators Award for the first time on Frida

Trump is in damage control, PM Modi also extended the hand of friendship... What did the experts say on India-US relations?

US President Donald Trump recently praised Prime Minister Narendra Modi, calling him his friend a

Annapoorani: Protest against 'Annapurani' due to controversial dialogue, producers issued a statement

An allegation has been filed against the makers of South actress Nayanthara's film 'Annapurnani'

IPL 2024: Who is the 'mystery girl' of Gujarat Titans? VIDEO sets social media on fire; Users gave many reactions

In IPL, the camera always keeps an eye on finding beautiful faces. In the current season, many su

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