Target of making India a $5 trillion economy ‘completely doable’: Piyush Goyal

Economy


Union Minster Piyush Goyal on Saturday said the target of making India $5 trillion economy is achievable and that all the stakeholders need to work together to meet this objective.

The commerce and industry minister said Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman have expressed India’s determination of achieving high growth by announcing the tax measures this week, which will boost India’s competitiveness and bring India into the comparative league of countries that are competing for investments, according to a statement by Ficci.

“Prime Minister Narendra Modi’s goal of making India a $5 trillion economy is completely doable if all the stakeholders come and work together,” the minister said.

Loading...

Goyal, who on Saturday unveiled the India Pavilion design of the WORLD EXPO 2020 in Dubai, expressed optimism that India going ahead will have even lower taxes.

“We all must work together to see how we can showcase India for attracting investments,” Goyal said, adding that the WORLD EXPO 2020 beginning October next year is a big opportunity to achieve this objective.

He said this was the time for the country to engage with every nation and grasp the opportunity that has come its way to become a superpower.

The minister also thanked the Indian diaspora in the UAE for the excellent work they had done to support Modi develop a strong bonding between the two countries.



Source link

Articles You May Like

Here’s why a second round of PPP loans could fall short for small businesses
The Croods A New Age highest opening box office since pandemic began
ECLGS 2.0: Extended ECLGS can infuse over Rs 40,000 crore liquidity: Report
Tom Farley, dealmaker and ex-NYSE president, shares his Covid ordeal
Former Zappos CEO died without will, reports say. Why that’s bad idea

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading...