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Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal has said that technology and policy initiatives of the Government serve as enablers to empower businesspersons for faster growth and development. While stressing upon inclusive development and creation of opportunities for all those left behind so that everyone can participate in the making of developed India, he said that the entire country is looking towards a prosperous future with a better world for children. 

Goyal further said that India is respected and recognized the world over and is being watched in its journey towards a developed and prosperous nation. He said that the world is expecting India to drive the economic growth and turn this century into India’s century.  The Minister also said that economic growth compounds itself and there has been 10x economic growth in the last 25 years. Goyal said that the demographic dividend and strong fundamentals of the economy will drive the growth in the Amrit Kaal.

Besides, the Minister highlighted that India is the fastest growing large economy in the world with inflation under control during the last 9 years and said that the Government under the leadership of the Prime Minister had mandated the Reserve Bank of India (RBI) to keep inflation in check. The Minister cited the examples of a strong and resilient banking system enabling large loans as well as MUDRA Loans, high rate of digital transactions with Unified Payment Interface (UPI) system, significant growth in overall exports over the years, high remittance, continuous growth of Foreign Direct Investment (FDI), robust stock markets, food security, etc. to showcase the development journey that India is undergoing.