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Sunday 5 July 2020

Industry appreciates improved business environment under Modi govt

Finance Minister Piyush Goyal had highlighted the initiatives taken by the Union government in the last four years, to steer the economy of India to a higher trajectory

Mumbai: Prime Minister Narendra Modi on Tuesday met and interacted with business leaders in Mumbai. Forty-one business leaders representing a wide spectrum of the Indian economy were present at the interaction.

The policy reforms and initiatives were taken by the Union government over the past four years came up for elaborate discussion in the course of over two hours. Industry’s contribution to economic growth and development was also discussed.
Several representatives from Industry appreciated the improvement in the business environment in the country and said this would lead to a realisation of India’s growth potential. They endorsed the prime minister’s vision of a “new India”.
The prime minister spoke of his recent discussions with startups and entrepreneurs. He said a positive mindset, and a “can do” spirit is now pervading the country. He urged the corporate sector to invest in a big way, especially in the agriculture sector.
Emphasising the need to promote domestic manufacturing, he spoke of the need to boost production in areas such as medical devices, electronics, and defence equipment.
Earlier, Finance Minister Piyush Goyal had highlighted the initiatives taken by the Union government in the last four years, to steer the economy of India to a higher trajectory. He spoke of policy initiatives, holistic approaches to development, the spirit of innovation, and technology.

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