ANI
26 Nov 2021, 06:48 GMT+10
New Delhi [India], November 26 (ANI): The Atmanirbhar Bharat Abhiyan, launched by Prime Minister Narendra Modi intends to make India a trustworthy global supply chain hub, Foreign Secretary Harsh Vardhan Shringla said on Thursday.
Shringla made these makers at the Curtain Raiser Event for the Vibrant Gujarat Global Summit in New Delhi. He said that the Vibrant Gujarat Global Summit was conceptualized by PM Modi in 2003, when he was the Chief Minister of Gujarat.
Shringla spoke on the theme of the Summit is 'From Atmanirbhar Gujarat to Atmanirbhar Bharat', i.e., from self-reliant Gujarat to self-reliant India.
"A number of policy measures have been announced in the recent months that will move India in this direction. Ambitious structural reforms have been launched to deregulate and to enhance economic openness, good governance and global competitiveness. Policy measures such as the Production Linked Incentives scheme have been initiated to attract investments and promote manufacturing in India," he said.
Underlining improving ease of doing business standards in India, the Foreign Secretary said, "The implementation of Goods and Services Tax and other measures of simplification and consolidation of taxes have reduced transaction costs and improved ease of doing business."Shringla said that India has also made doing business smarter. "We have made doing business faster and smoother through digital processes, online transactions and single point interfaces. Digital payments, including direct transfer of government benefits, are now under full implementation. India has created one of the largest eco-systems in the world for start-ups and a number of them have come up in the tech domain."The Foreign Secretary also informed that India is making huge public investments in improving its infrastructure.
"Prime Minister recently launched Gati Shakti - the National Master Plan for Multi-modal Connectivity - which is designed to create a seamlessly connected India. Our National Education Policy has laid the framework for educating a workforce for the 21st century," he added. (ANI)Get a daily dose of Jamaican Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Jamaican Times.
More InformationNEW YORK, New York -U.S. stock markets closed with broad gains on Thursday, led by strong performances in U.S. tech stocks, while European...
LONDON/STOCKHOLM: The Persson family is ramping up its investment in the H&M fashion empire, fueling renewed speculation about a potential...
PARIS, France: L'Oréal is making a fresh play in the booming premium haircare segment with a new acquisition. The French beauty conglomerate...
MENLO PARK, California: Robinhood is giving European investors a new way to tap into America's most prominent tech names — without...
NEW YORK, New York - U.S. stocks diverged on Wednesday for the second day in a row. The Standard and Poor's 500 hit a new all-time...
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...
GENEVA, Switzerland: A new United Nations report alleges that dozens of global corporations are profiting from and helping sustain...
LONDON, UK - Lawmakers in the United Kingdom have voted overwhelmingly to proscribe the direct-action group Palestine Action as a terrorist...
DHARAMSHALA, India: The Dalai Lama is set to address a significant three-day conference of Buddhist leaders this week, coinciding with...
WASHINGTON, D.C.: In a significant ruling last week, the U.S. Supreme Court upheld a Texas law requiring age verification for users...
ISTANBUL/PARIS/BRUSSELS: As searing temperatures blanket much of Europe, wildfires are erupting and evacuation orders are being issued...
VENICE, Italy: Over the weekend, hundreds of protesters marched through the narrow streets of Venice to voice their opposition to billionaire...