28
Thursday
January 2021
5:25 AM IST
News Headlines
Unlucky Kerala shares spoil with Jamshedpur        England team lands in Chennai, Indians arrive in batches for first two tests        Israel military revising operational plans against Iran        France's Sanofi to boost Pfizer vaccine supply amid EU shortages        Hero MotoCorp to commence its operations in Mexico soon        GHIAL to raise US $300 Mn through bond issue for Hyderabad airport expansion        Cabinet approves MSP of Copra for 2021 season        Rajnath speaks to his US counterpart, the two NSAs also talk, Indo-US ties to deepen further        RJD should cancel it's proposed human chain in view of Republic Day violence: Sushil        Two farmer unions withdraw from protest against farm laws        One million COVID-19 vaccine doses administered in India in just 6 days: Health ministry        England near Sri Lanka's 1st innings total after Root's 186        Srikanth resumes training after BAI gets mandatory quarantine time reduced        Melbourne century very special as it was crucial for series victory, says Rahane        FinMin allocates Rs 660 cr additional funds to MP for capex        Markets may remain volatile in holiday-shortened week: Analysts        US condemns Russia's use of harsh tactics against protesters, journalists        Egypt says it has launched vaccination against coronavirus        Qureshi says Pakistan ready to work with new US administration        MP government trying to crush farmers' voice: Kamal Nath        
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Business News
'India ushering in rapid structural reforms to become USD 5 trn economy by 2025'
 
New Delhi, Jan 9 (PTI) India is strengthening the entire ecosystem to achieve Prime Minister Narendra Modi's dream of becoming a USD 5 trillion economy by 2025 through rapid structural reforms, Union Minister Piyush Goyal said on Saturday.

Addressing the Pravasi Bharatiya Diwas conference, the Commerce and Industry Minister said: "We are working simultaneously to bring about a quantum leap in our quality, in our productivity, in our efficiency, so that Indian Industry can truly expand our export basket, making it bigger, better and broader".

The minister observed that new markets were being explored aggressively to enhance the reach of Indian products globally.

"The Indian diaspora living abroad have more familiarity with consumer markets. You have unique insights into consumer behaviour and can guide Indian Industry to develop customised products for foreign markets," Goyal said.

The minister said the disruptions due to COVID-19 have made everyone realise that one needs to dare to do great things.

"Otherwise we may lose our ability to be a global leader. This is the philosophy behind Aatmanirbhar Bharat. It is not about closing doors but to open the doors wider to build India's capability and capacity and our resilience with speed, skill and scale," Goyal said.

He highlighted that through rapid structural reforms, India is strengthening the entire ecosystem to achieve the Prime Minister's dream of a USD 5 trillion economy by 2025.

"Our holistic approach consists of improving the ease of starting a business, ease of doing a business, and ease of growing our businesses," Goyal added.

The minister pointed out that India is growing rapidly and offers a plethora of opportunities for Indians both in India and across the world. "Our wish is that our brothers and sisters from across the world become the first to avail these opportunities."

"Let us fulfill our duty to our motherland with determination and devotion and develop India into a leader, a participant in resilient global supply chains into a dominant player in international supply trade," the minister said.


Hero MotoCorp to commence its operations in Mexico soon
GHIAL to raise US $300 Mn through bond issue for Hyderabad airport expansion
FinMin allocates Rs 660 cr additional funds to MP for capex
Markets may remain volatile in holiday-shortened week: Analysts
Coal India says geared up to meet any surge in fuel demand from power sector
Customary 'Halwa Ceremony' kickstarts process of compilation Budget documents
Average flat size increases 10 pc in 2020 across 7 cities to 1,150 sq ft: Report
Rupee gains 6 paise to close near 5-month high of 72.99 vs USD
LT Foods acquires 30% stake in Netherlands-based organic speciality food firm
Asian shares mostly higher as Biden inauguration approaches
Draw inspiration from people 'who see the cup as half full': Nooyi to Indian students in US
Three UK partners with TCS to accelerate 5G network rollout
3 Adani Group-owned domestic airports accredited in ACI health accreditation programme
WhatsApp delays policy rollout to May 15
Strong startup ecosystem critically important for business: Nisa Godrej
Rupee recovers losses, settles 15 paise higher at 73.25 against US dollar
Big steel, cement firms operating as a cartel; need to place regulator: Gadkari
UP's New Excise Policy aims Rs 6,000 cr excess revenue next fiscal
India urges WTO members to find permanent solution for public stock holding for food security
GDP estimates: Industries showing signs of recovery, says Niti VC
KERALA NEWS
Fire in luggage van of running train doused in time in Kerala
 Thiruvananthapuram: A fire broke out in a luggage van of a running train in Kerala on Sunday and was  
Kerala logs 5,005 new COVID-19 cases, 4,408 recoveries
5,960 new COVID-19 cases, 27 deaths in Kerala
Kerala transport corporation MD alleges Rs 100-crore scam
INTERNATIONAL NEWS
Israel military revising operational plans against Iran
 Tel Aviv: A senior general of the Israel Army on Wednesday warned that the attack plans against Iran
France's Sanofi to boost Pfizer vaccine supply amid EU shortages
US condemns Russia's use of harsh tactics against protesters, journalists
Egypt says it has launched vaccination against coronavirus
NATIONAL NEWS
Cabinet approves MSP of Copra for 2021 season
 New Delhi: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on We
Rajnath speaks to his US counterpart, the two NSAs also talk, Indo-US ties to deepen further
RJD should cancel it's proposed human chain in view of Republic Day violence: Sushil
MP government trying to crush farmers' voice: Kamal Nath
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