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New Delhi, October 08: Prime Minister Narendra Modi said that the era of change in the mindset and market of the people in India is going on and such reforms have been made in the agriculture and labour sector which benefit everyone.
Modi said that these reforms have created a win-win (win both) for the entrepreneurs and working workers.
Modi, while referring to the measures taken by the government to protect the economy-related Inspector Raj and entrepreneurs from unnecessary legal action, said that the government has also taken extensive measures to provide social security to the workers.
Prime Minister Narendra Modi, while addressing the Annual Invest India Conference held in Canada on Thursday, said that India has the necessary conditions for democracy, political stability, investment and trade friendly atmosphere and qualified workers for all investment.
He said that many problems have come up during the corona but India has found a new solution by countering them strongly. Despite Corona, India has invested $ 20 billion in the first six months of this year. The reforms in India will benefit our hardworking people on a wider scale with entrepreneurs.
Prime Minister Modi said that the environment related to FDI in India is very liberal. We have simplified tax procedures and have done significant work related to the development of the robot bond market.
He continued that education, labour and agriculture have been reformed in all three sectors in India. This has increased the participation of the private sector in the government’s security net.
The Prime Minister Modi said that the bilateral relations between India and Canada are based on shared democratic values and interests.
PM said that Canada is the world’s largest and experienced infrastructure investor. Many of these have already explored various opportunities in highways, airports and logistics in India.
He said that manufacturing is in full swing in our country today. Before the pandemic, India hardly produced PPE kits, today; crores of PPE kits are not only being manufactured in India, but are being exported to other countries. India is playing the role of the world’s pharmacy. We have so far provided medicines to about 150 countries during the Covid pandemic. Our agricultural exports grew by 23 percent between March and June this year, when the entire country was under lockdown.
Representatives of aviation, electronics and manufacturing companies, banks, insurance companies, investment funds, etc. were present at the conference.