SME Times News Bureau | 22 Oct, 2021
Minister of Commerce and Industries Piyush Goyaltoday called for free trade
within a rules-based multilateral trading system with honesty and
transparency as core values.
He added that wherever India faces an
unfair or unjust treatment, it will take reciprocal action. Shri Goyal
also emphasized upon the need for resolution of issues posed by Non-
Tariff Barriers in international trade. He was addressing the 54thConvocation of Indian Institute of Foreign Trade in New Delhi today.
to India’s recent achievement of 100 crore vaccines, he said that the
milestone was the result a collective effort of 130 crore Indians and a
proof of India's 'Atmanirbhartha' and its resolve to leverage its
capacities to the best possible extent and to serve the needs of the
Goyal said that a convocation is an important ceremony that
marks the next step in the journey of the graduates when they grow from
'acquisition of knowledge' to 'application of knowledge'.
commended IIFT for contributing immensely to India's external trade
since its establishment in 1963.
He said that IIFT has been widely
recognized for its strong knowledge &resource base and has been
consistently ranked amongst the leading business schools in the
the need for a committed and vibrant leadership in the field of
academics in India, Goyal called for enhancing exposure of
our students to the best of technology, foreign law, economics, and
Calling for tie-ups of Indian Universities with
institutions of eminence across the world,he asked Indian universities
to enter into sustained collaborations with such institutions.
academic institutions to engage on a much larger scale with the
industry, Goyal asked students to take up internships with both the
public sector and private players.
Speaking of the opportunities
offered by online education, Goyal called for more exploration into
online and hybrid modes of education.
Goyal told the students that they were graduating amidst one of
the most disruptive events in the collective memory of our times.
emphasized that in the post-COVID ‘New Normal’, we can no longer play by
the old rules.
He called for using the disruptive interventions brought
about by COVID to reorient our conventional, traditional thinking
processes. Offering two cents from his versatile experience in foreign
trade, Shri Goyal urged the students to 'Learn, Unlearn, Relearn and
Goyal said that despite challenges, India under PM Modi has
aimed to convert a crisis into an opportunity for transformation.
said that India is being looked upon as a trusted partner &we are
engaging with like-minded nations e.g. EU, UK,Canada, Australia &
UAE for early conclusion of FTAs.
to India's ambitious programmes like the PM GatiShakti National Master
Plan for infrastructure and multimodal connectivity, Goyal said
that there was a need for planned, focussed efforts to create
infrastructure in the country by breaking silos and bringing in synergy.
"There is a need to bring in quality and productivity in all we do. A
‘Made in India’ product must be a guarantee to the world", he added.
the Prime Minister, Narendra Modi's visionary leadership, Shri
Goyal said that India's decisive leadership, strong industry, vibrant
media and its resolve to uphold the rule of law, had made India a
trusted partner to world nations.
that India had suffered from several missed opportunities in the past,
Shri Goyal expressed the hope that we would now be able to seize every
opportunity available to us to grow. "The past is a stepping stone, not a
milestone”, he added.
that contemporary India was confident & yet dissatisfied, he said
that dissatisfied, confident people are the ones who would change the
world. He urged fellow Indians to never settle for less and to work
together to make India a global leader.
On the occasion, Shri Goyal presented several awards for excellence to graduating students.