Prime Minister Narendra Modi delivered the keynote address at Invest India Conference in Canada through video conference yesterday. The Prime Minister said India is undisputedly the only country shining in all their investment parameters like having political stability, investment and business friendly policies, transparency in governance, skilled talent pool and a large market.
The Prime Minister said in the post-Covid world, India showed resilience and emerged as a land of solutions to overcome various kinds of problems related to manufacturing, supply chains, etc. He added, despite disrupted logistics, money was directly delivered into bank accounts of ver 400 million farmers, women, poor and needy people within a matter of days.
The Prime Minister said India has already received over USD 20 Billion during the first 6 months of this year from across the globe when Covid-19 has been at peak globally. The Prime Minister said India has undertaken a trinity of reforms in the field of education, labour and agriculture. Together, they impact almost every Indian. He said India has ensured reforms of old laws in the field of labour and agriculture.
The Prime Minister said the reforms in the labour laws greatly reduce the number of Labour codes and are both employee and employer friendly and will further increase ease of doing business. He added the reforms in the field of agriculture are far-reaching and will not only give more choice to farmers but will boost exports. He said these reforms will support efforts to build an Aatma Nirbhar Bharat or self reliant India.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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