December 04, 2024 23:04 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Devendra Fadnavis picked as BJP legislative party head, set to be Maharashtra CM | Rahul Gandhi, Priyanka Gandhi Vadra's visit to violence-hit Sambhal thwarted | Man tries to shoot Shiromani Akali Dal leader Sukhbir Singh Badal at entrance of Golden Temple, arrested | Joe Biden announces $1 billion humanitarian assistance for 31 African countries during his visit to Angola | South Korean president lifts martial law order hours after imposing it
Self-reliance policy will strengthen global supply chain: PM Modi at Davos Summit
Modi I Davos Summit

Self-reliance policy will strengthen global supply chain: PM Modi at Davos Summit

| @indiablooms | 29 Jan 2021, 12:53 am

New Delhi, Jan 28 (UNI) Prime Minister Narendra Modi on Thursday told an world audience that his government's policy to make India self-reliant is not inward-looking, but aimed at strengthening global supply chain.

'Our Atmanirbhar Bharat Abhiyan is committed towards global good and global supply chain.

'India has the capacity, capability and reliability to strengthen the global supply chain,' Mr Modi said at the World Economic Forum's Davos Agenda Summit.

He said during the pandemic, Indian companies have been capable of tackling supply shock, as they maintained medical supply in the country and across the world.

The Prime Minister also pointed to the vibrant technology and startup culture, and growing internet infrastructure in India and said work is on data protection.

'We want investment in frontier technology such as AI, additive manufacturing and additive cyber-physical systems,' he said, attending the Davos summit virtually.

Mr Modi said on the economic front, the situation is going to change swiftly as his government has increased economic activity by investing more in infrastructure,

'We have a commitment to Ease of living, ease of doing business, and climate-sensitive development,' the Prime Minister told the audience, among which were many corporate honchos and policy makers.

The government has taken several steps to boost manufacturing. Corporate has been brought down and GST rates reduced. Through faceless assessment, tax structure has been simplified, he pointed out.

Mr Modi said several points have also been decriminalised in the Company Law. Labour laws have been reformed, he added.

The Prime Minister said to raise competitiveness, connectivity infrastructure is being strengthened.

The government is working tirelessly to provide an enabling environment, he added. 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.