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Stressing upon the need for transparency and ease of doing business, Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal has said that the world now sees India as an engine of economic growth.

Goyal further stressed that India enjoyed the confidence of the world today, saying that developed countries very keen to sign trade deals with India now. He added that before 2014, Indian economy was considered to be fragile and investors had their doubts about doing business with India.

The Minister assured traders and entrepreneurs that the Government will fully support traders who raise their voice against harassment by any authority. Besides, he called upon traders to work with the Government to reduce compliance burden of people and businesses, but asked that they strictly follow ethical trade practices.

Goyal asked traders to give priority to the quality of goods and services that India offered. He also said that there is need to encourage youngsters to come forward and lend a youthful energy to India’s growth story with new ideas.