City
Epaper

Rising economic indicators point to India shaping up for 'growth decade': Piyush Goyal

By ANI | Updated: November 22, 2021 23:20 IST

Union Commerce and Industry Minister Piyush Goyal on Monday said India is working on 'Aatmanirbhar Bharat' just like the United States embarked on a 'Build Back Better' framework.

Open in App

Union Commerce and Industry Minister Piyush Goyal on Monday said India is working on 'Aatmanirbhar Bharat' just like the United States embarked on a 'Build Back Better' framework.

While welcoming United States Trade Representative (USTR) Katherine Tai at a reception in New Delhi, Goyal said the Indian economy has recovered sharply and the rising economic indicators point towards 'India shaping up for a growth decade'.

He said India and US have gained strength over years due to defence cooperation and the Quadrilateral Security Dialogue (Quad) has given it a new boost.

Tai is on a two-day visit to India and is accompanied by Deputy United States Trade Representative Sarah Bianchi.

Goyal said India-US bilateral trade is showing a robust increase.

The minister said that rising economic indicators point towards "India shaping up for a growth decade" and referred to Moody's rating upgrade, flourishing foreign trade, highest-ever FDI, robust GST collection, strong fundamentals and vibrant Startup ecosystem.

He said India is also implementing the largest COVID-19 vaccination drive in the world, having administered over 1.1 billion doses and has plan to manufacture five billion doses next year, to help serve and secure all of humanity.

Goyal said that India and US partnership can not only help each other but the entire world to recover from the COVID-19 pandemic.

"Citizens from both our countries look towards India-US partnerships with great optimism and hope. This is a partnership that can not only help each other but the entire world to recover from the pandemic. As the 35th President of US John F Kennedy said, 'If not us, who? If not now, when? Today, we have the power to create history, start our journey towards a new era of growth and show the world that with good intentions and substantive action, we can create a brighter future together," he said.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Katherine TaiindiaNew DelhiPiyush GoyalUstrUnion CommerceVed prakashThe new delhi municipal councilDelhi south-westShri piyush goyalIndi
Open in App

Related Stories

MumbaiViral Sighting of Tesla Cybertruck Near Mumbai Stirs EV Enthusiasm (Photos)

NationalPM Narendra Modi Discusses Tech and Innovation Collaboration With Elon Musk

NationalTahawwur Rana Extradition: Pakistan Distances Itself From 26/11 Accused After Arrival in India

NationalTahawwur Rana Extradition: “26/11 Mumbai Attack Accused Will Finally Be Punished In India As Per Our laws,” Says Piyush Goyal (Watch Video)

NationalIndia Expands Rafale Power: Rs 64,000 Crore Deal Cleared for Navy Fighter Jets

International Realted Stories

InternationalKhyber Pakhtunkhwa reports 8th mpox case of 2025

InternationalUK PM Keir Starmer calls PM Modi, strongly condemns "barbaric terror attack"

InternationalChinese investments in Thailand under scrutiny after building collapse

InternationalNepal Medical Association announces boycott of non-emergency medical services

InternationalPoGB: Raja Abid condemns education system in PoGB, demands immediate reforms