20
Thursday
February 2020
11:15 AM IST
News Headlines
Ishant is hitting good areas, Prithvi should follow instincts: Kohli hints on playing XI        PCB chief hints at Pakistan giving up Asia Cup hosting rights        First 5G handset in India likely to be priced at Rs 50,000        Coronavirus outbreak to hit global growth; to have limited impact on India: RBI Guv        Death toll from China virus surges past 2,000        Necessary to prevent statelessness when nationality laws are changed: UN chief        Maha CM visits Shivneri Fort on Shivaji''s birth anniversary        Can transport minister come to explain govt proposal for introducing EVs, asks SC        SC upheld right to protest but other citizens also have rights: Interlocutors at Shaheen Bagh        Won't rule out playing 2023 World Cup, says Taylor        Sachin Tendulkar wins Laureus Sporting Moment Award for 2011 WC triumph        Messi, Hamilton share Laureus World Sportsman of Year honour; Biles gets third award        Kerala tourism eyes robust growth in domestic tourist footfalls in 2020        RBI Governor says no reason to doubt govt will meet fiscal deficit targets        UK budget on March 11 as planned: new finance minister        Wuhan hospital director dies of coronavirus        Opening of Kartarpur Corridor practical proof of Pakistan's desire for peace, says UN chief        People of Delhi taught a lesson to BJP which it will remember for long time: Gehlot        Delhi court sends Sharjeel to judicial custody till Mar 3 in New Friends Colony anti-CAA violence case        Prashant Kishor questions Nitish Kumar's development in Bihar        
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Business News
Let's work together to make India USD 5-trn economy: PM
 
New Delhi: Prime Minister Narendra Modi on Thursday underlined the need for working together to make India a USD 5 trillion economy, while stressing that the government has been able to maintain macro-economic stability amid tough global environment.

In the Lok Sabha, he also exhorted all the members to give suggestions on ways to take advantage of opportunities thrown up by the current global economic situation.

"Let's move ahead with the resolve to make India a USD 5 trillion economy," he said while replying to a debate on Motion of Thanks to President for his address to Parliament.

The prime minister said that steps taken by the government have kept the fiscal deficit and price rise in check. "There is also macro-economic stability."

Modi also sought suggestions on increasing income of farmers and fisherman.

Talking about the investment climate in the country, he said several measures have been taken to increase the trust of investors in the economy.

The prime minister said that foreign direct investment during April-September 2019 increased to USD 26 billion from USD 22 billion in the same period previous year, adding that this reflects confidence of foreign investors in India.

The vision of the government, he said, is to ensure greater investment, better infrastructure, increased value addition and maximum job creation.

In the coming days, the government is moving ahead with Rs 100 lakh crore infrastructure projects as the sector helps in pushing economic growth and job creation, Modi said.

"We have taken many initiatives in industry, irrigation, social infrastructure, rural infrastructure, ports, and water ways. Among the things that will drive India's progress is next-generation infrastructure," Modi said adding that Stand up India, Start up India, Mudra schemes are adding prosperity in the lives of people.

Further, he said the government is working on labour reforms and that too after consulting the labour unions.

Attacking opposition parties, he said driven by politics, some states are not allowing farmers to benefit from the PM-Kisan scheme.

"I appeal to them - let there be no politics in farmers welfare. We all have to work together for the prosperity of farmers of India," he said adding agriculture budget has risen five times during this government's tenure.


First 5G handset in India likely to be priced at Rs 50,000
Coronavirus outbreak to hit global growth; to have limited impact on India: RBI Guv
Kerala tourism eyes robust growth in domestic tourist footfalls in 2020
RBI Governor says no reason to doubt govt will meet fiscal deficit targets
Moody's cuts India growth projection to 5.4 pc for 2020
Airtel pays Rs 10,000 crore to govt towards statutory dues
DoT withdraws order that asked for no coercive action against defaulting telcos
Sensex, Nifty fall for 2nd day as banking, auto stocks slide
Sensex rallies over 300 pts ahead of IIP, inflation data releases
ABB India wins orders worth Rs 191 cr
Rupee settles 10 paise higher at 71.30 against USD on easing crude prices, weak dollar
Market falls for second day as coronavirus worries persist
PURE EV to set up second EV scooter unit in Telangana with Rs 100 Cr investment by 2021
Anil Ambani to pay USD 100 mn in conditional order for Chinese banks: UK court
Rupee slips 22 paise to 71.40 against USD on strong dollar demand
Not moving out of Andhra Pradesh, says Kia Motors
Deposit insurance hike: RBI says not to hit banks balance-sheets
Volkswagen opens bookings for two new SUVs
Our target is USD 5 billion of defence export in next five years: Modi
RBI to come out with last monetary policy for FY20 on Thursday
KERALA NEWS
Two forest dept officials killed in wildfire
 Thrissur: Two forest department officials were on Sunday charred to death in a wildfire at Wadakkanc  
CPI(M) expels two student activists held for Maoist links
Surendran new Kerala BJP President
Student who tested Positive for coronavirus discharged
INTERNATIONAL NEWS
Death toll from China virus surges past 2,000
 Beijing, Feb 19 (PTI) The death toll from the coronavirus epidemic in China crossed the 2,000-mark o
Necessary to prevent statelessness when nationality laws are changed: UN chief
UK budget on March 11 as planned: new finance minister
Wuhan hospital director dies of coronavirus
NATIONAL NEWS
Maha CM visits Shivneri Fort on Shivaji''s birth anniversary
 Mumbai, Feb 19 (PTI) Maharashtra Chief Minister Uddhav Thackeray visited the Shivneri Fort in Pune d
Can transport minister come to explain govt proposal for introducing EVs, asks SC
People of Delhi taught a lesson to BJP which it will remember for long time: Gehlot
Delhi court sends Sharjeel to judicial custody till Mar 3 in New Friends Colony anti-CAA violence case
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