SME Times News Bureau | 08 Jan, 2021
Prime Minister Narendra Modi on Friday interacted
with India’s leading economists, organised by NITI Aayog, on charting the
economic agenda in the post covid world.
All the attendants agreed that high frequency
indicators are showing signs of a strong economic recovery, and that too
earlier than expected.
The Prime Minister appreciated the inputs received
from the participants and highlighted the crucial role such interactions played
in setting the national development agenda.
The Prime Minister highlighted how the covid-19
pandemic and the subsequent management threw up new professional challenges for
all those involved.
He further highlighted that together with a fiscal
stimulus, the government also tried reform based stimulus, which was seen
through historic reforms in agriculture, commercial coal mining and labour
laws.
The Prime Minister explained his vision behind an Atmanirbhar
Bharat, where Indian companies are integrated in global supply chains in a
manner not seen before.
He highlighted the faith shown by foreign investors
in India’s growth story, with foreign direct investment growing by 11% between
April and October, despite a global recession.
The PM further highlighted the economic potential
set to be unleashed by the National Optical Fibre Network, providing internet
connectivity to some of India’s most remote areas.
On infrastructure, the Prime Minister highlighted
the National Infrastructure Pipeline as the government’s commitment to
developing world class infrastructure.
Modi ended his talk by stating the importance of
partnerships in achieving our goals, and that such consultations play a crucial
role in setting the broader economic agenda.