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India is changing fast into one of the most open economies in the world: Modi

India is changing fast into one of the most open economies in the world: Modi

India Blooms News Service | | 04 Sep 2017, 04:33 pm
Xiamen, Sep 4 (IBNS): Prime Minister Narendra Modi on Monday said India is changing fast into one of the most open economies in the world.

"India is changing fast into one of the most open economies in the world today; FDI inflows are at an all-time high, rising by 40 %," Modi said while addressing at the BRICS Business Council.

He called GST as the biggest economic reform in the country.

Modi said: " It is India’s biggest economic reform measure ever; in one stroke, a unified market of 1.3 billion people has been created."

Modi said: "Digital India, Start Up India and Make in India are assisting India turn into a knowledge based, skill supported & tech driven society."

Speaking on BRICS, Modi said: " I am happy to note that BRICS Business Council is entering into an MOU with the New Development Bank."

Modi is currently visiting China to attend the BRICS.
 

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