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Monday, April 22 2024
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Trust me, getting back growth is not difficult: PM Modi

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New Delhi: “Getting Growth Back is not very difficult. Indian Industries have a clear path for this which is Atmanirbhar Bharat. Atmanirbhar Bharat can be completely integrated with world economy,” said Prime Minister Narendra Modi, who is delivering the inaugural address at Confederation of Indian Industry (CII) Annual Session 2020- “Getting Growth Back”.

The CII is an industry association in India and is completing 125 years of its journey this year and this is PM’s first major speech on the Indian Economy since the announcement of Unlock-1.

The virtual online meeting at the annual session of the CII assumes significance as companies are resuming operations after the government has allowed gradual phasing out of the lockdown.

“We must invest in such a robust Local Supply Chain that will strengthen India’s participation in Global Supply Chain,” he said adding that the government has taken steps to bring relief to farmers via amendment of APMC Act, opened up non-strategic sectors to private sector, freed up coal sector by allowing commercial mining. We are also undertaking long pending labour reforms.

Calling upon the industry to make use of the trust that has developed for India across the globe, he said that the world is looking for a trusted, reliable partner and India has the potential, strength and ability.

 

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