May 26, 2024

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From masks and PPE kits to vaccines, the {industry} has come ahead to contribute: PM Modi at CII Annual Meeting

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Prime Minister Narendra Modi on Wednesday addressed the Confederation of Indian Industry (CII) Annual Meeting 2021 mentioned that the economic system is gathering momentum once more after recovering from the impression of Covid-19. He mentioned that the nation is witnessing a strengthening of cooperation between authorities and {industry}.

The prime minister mentioned that in the course of the pandemic, the {industry} has stepped to assist in each potential means from masks to PPE kits to vaccines, the {industry} has performed an necessary function in India’s development.

Here’s what PM Modi mentioned:
-Indian economic system is gathering steam now-From masks and PPE kits to vaccines, the {industry} has come ahead to contribute-Today’s assembly is significant amidst pandemic; the govt. and {industry} are strolling hand in hand-We have taken huge steps in ease of doing business-We have probably the most aggressive tax regime within the world-New India welcomes every kind of investments-Rising confidence of Indians is seen throughout sectors-Indians need to undertake merchandise which are made in India-India receiving file FDI due to reforms performed in the previous few years-India now has round 60 unicorns, 21 of them reaching that standing in the previous few months-We have taken daring selections, reforms continued even in the course of the pandemic-Undid a mistake of the previous with retrospective tax, it should increase belief between authorities and industry-Govt doing reforms not out of compulsion however out of conviction

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