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India’s focus on infrastructure empowering the economy: Piyush Goyal

News Point Bureau by News Point Bureau
December 1, 2023
in Latest News, National
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India’s focus on infrastructure is empowering the economy and giving it a fillip, said Piyush Goyal, Union Minister for Commerce & Industry, Consumer Affairs, Food and Public Distribution and Textiles while addressing the Inaugural session of ‘3rd India Debt Capital Market Summit 2023 – Onwards & Upwards’. The Union Minister said that massive investments both from the government and from the private sector, directed towards infrastructure is boosting the infrastructural capabilities of the country. He said competitive source of financing is attracting investments from those who are looking for greater safety. He said the stock market is also hitting a 4 trillion mark for the first time and India being amongst the top five global markets has huge opportunities. He pointed out that the country is the fifth largest economy in the world and the fastest growing economy at 7.6%, this quarter. “The world trusts India today,” Goyal said mentioning that the country stands at the cusp of a very bright future as a trusted partner of the world and as a vibrant democracy where people recognize and respect the rule of law.

 

Goyal said that in the Amrit Kal, we dream of a Viksit Bharat where we are on our journey towards developed and prosperous India. He said India will add $30 trillion to our 3.7 trillion by 2047. India’s focus on infrastructure is empowering the economy and giving it a fillip, said Piyush Goyal, Union Minister for Commerce & Industry, Consumer Affairs, Food and Public Distribution and Textiles while addressing the Inaugural session of ‘3rd India Debt Capital Market Summit 2023 – Onwards & Upwards’.

The Union Minister said that massive investments both from the government and from the private sector, directed towards infrastructure is boosting the infrastructural capabilities of the country. He said competitive source of financing is attracting investments from those who are looking for greater safety. He said the stock market is also hitting a 4 trillion mark for the first time and India being amongst the top five global markets has huge opportunities. He pointed out that the country is the fifth largest economy in the world and the fastest growing economy at 7.6%, this quarter. “The world trusts India today,” Goyal said mentioning that the country stands at the cusp of a very bright future as a trusted partner of the world and as a vibrant democracy where people recognize and respect the rule of law.

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