World now sees India as engine of economic growth: Piyush Goyal

Piyush Goyal assured traders and entrepreneurs that the government will fully support traders who raise their voice against harassment by any authority.

Union Minister Piyush Goyal

New Delhi: The world now sees India as an engine of economic growth, said Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Piyush Goyal on Tuesday. He was addressing a gathering at the Vyapari Udyami Sammelan in New Delhi.

Stressing that India enjoys the confidence of the world today, Goyal said, “Developed countries are very keen to sign trade deals with India now. Before 2014, the Indian economy was considered to be fragile and investors had their doubts about doing business with India.”

Stressing upon the need for transparency and ease of doing business, Goyal assured traders and entrepreneurs that the government will fully support traders who raise their voice against harassment by any authority.

He called upon traders to work with the government to reduce compliance burden of people and businesses, but asked that they strictly follow ethical trade practices. He added, “Unnecessary, cumbersome and counter-productive laws and regulations must be uprooted to improve ease of doing business.”

Goyal asked traders to give priority to the quality of goods and services that India offered. He also underscored the need to encourage youngsters to come forward and lend a youthful energy to India’s growth story with new ideas.

“The clarion call of ‘vocal for local’ given by the Prime Minister Narendra Modi must be taken up by the youth of the nation,” he said, adding, “We must also encourage more and more women to become traders and entrepreneurs.”

Applauding Prime Minister’s visionary welfare policies, Goyal these policies have been helping the poor emerge as consumers and have successfully transformed India’s population into its greatest strength. “Prime Minister’s tireless work had ensured that every household in the country gets access to basic amenities such as cooking gas, drinking water, electricity and toilet and every village gets access to the internet,” he said.

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