New Delhi: Prime Minister Narendra Modi on Friday interacts with the Head of Indian Mission Abroad and Stakeholders of the Trade and Trade Sector on Via Video Conference.
The event was Clarion’s call by PM for ‘Local Global’.
It was attended by the secretary of more than 20 departments, state government officials, members of the export promotion board and the Chamber of Commerce here are important points from the PM address: * Four important factors to increase our exports – Increase transportation, improve transportation, and logistics , the government must walk shoulders to the shoulder with exporter, and the international market for Indian products.
* We must try that there is a natural demand for high-value products in India in every corner and corner of the world.
* At present our export consists of 20 percent of gross domestic product (GDP).
Consider the size of our economy, our potential, the basis of our manufacturing and service industry, this sector has the potential to grow a lot.
* This is a time for us to start a new trip with new goals for ‘Indian brands’ and set new identities of quality and reliability.
* Today the world is getting smaller and smaller every day due to physical, technology and financial connectivity.
In such situations, it is likely to be made throughout the world for our expansion.
* Production-related incentive schemes will help increase our manufacturing sector scale and ensure global quality and efficiency.
* It will also help in creating Atmanirbhar Bharat and give encouragement to ecosystems made in India.
* Domestic mobile manufacturing has reduced imports from $ 8 billion to $ 2 billion, encouraging exports from $ 0.3 billion to $ 3 billion.
* The government has recently made a big decision regarding exporters who will give them encouragement around Rs 88,000 Crore in the form of insurance protection.
* Rationalize export incentives, making our exports according to us will also increase our exports.
* Decisions taken by India to get rid of retrospective taxation show our commitment and consistency in policy.
The decision for Retro tax memo shows government commitment: late afternoon
