PM Modi: India story is strong today
Key highlights of the Prime Minister Narendra's from the Invest India Conference in Canada
Follow
Prime Minister Narendra Modi today reached out to the Canadian business community, giving them a first-hand perspective of the opportunities to invest in India and showcase India as an investment destination.
Here are key highlights from the Invest India Conference in Canada:Â
* In the post-Covid world, one will often hear of various kinds of problems -- problems of manufacturing, supply chains, PPE. However, India has not let those problems be. We showed resilience and emerged as a land of solutions.
* Does the country have a vibrant democracy? Does the country have political stability? Does the country have investment & business friendly policies? Does the country have a skilled talent pool? The undisputed answer to all these questions is one: India.
* There is one thing common to most people in the audience. It has people who take investment decisions.Â
* The India story is strong today and stronger tomorrow. Today, the FDI regime has been very well liberalized. It has created a friendly tax regime for Sovereign Wealth and Pension Funds. We have undertaken significant reforms for developing a robust Bond market.
* India is playing the role of the pharmacy to the world. It has provided medicine to around 150 countries so far. During March-June of this year, our agricultural exports rose by 23%. This happened while the entire country was in a stringent lockdown
* Today, India is undergoing a rapid change in mindsets as well as markets. Today, India has embarked on a journey of deregulation and decriminalisation of various offences under the companies act
* India has undertaken a trinity of reforms in the field of education, labour and agriculture. Together, they impact almost every Indian
* India has ensured reforms in the field of labour and agriculture. They ensure greater participation of the private sector while strengthening the government's safety nets. These reforms will lead to a win-win situation for entrepreneurs as well as hard-working people
* The reforms in the field of agriculture are far-reaching. They will not only give more choice to farmers but will boost exports
