Tuesday, October 14, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Banking & Finance

Goyal calls for positive approach to ‘New India’

Fiinews by Fiinews
October 7, 2017
in Banking & Finance, Economy, Industry Sectors, Investment, Technology, US
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

Avoid disruptive sensationalism, says the Minister

Piyush Goyal.

Minister of Railways and Coal, Piyush Goyal has called for a positive and constructive approach for the economically-powered ‘New India’.

“A positive and constructive approach based on outcomes, wherein our collective energy is channelized towards doing good for the country, is imperative while envisioning a narrative of a New India where growth and prosperity would be assured for one and all,” said Goyal.

At the same time, disruptive sensationalism, which leads to a deviation from the path, should be avoided, he said at the ‘India Economic Summit’ organized by the World Economic Forum and the Confederation of Indian Industry (CII) at New Delhi on 6 October 2017.

While emphasizing on citizen partnership for building a New India, Goyal underpinned the need of a whistleblower for reporting the distortions in the system which would help create a level playing field for all stakeholders.

He said that changing the L1 system of tendering has its advantages and is not easy to do away with. To prevent frivolous participation in bids, there is need for putting in place strict technical specifications and then open the tender for financial bidding.

The Minister did not agree with reports that domain expertise was essential to excel in a field and agreed that more women should be appointed as independent directors on the Board of Companies.

Further, he underscored the importance of public private partnership in undertaking social programmes like building toilets.

Ajay S Banga, President and Chief Executive Officer, Mastercard, USA; International Business Council called for a change in L1 mindset within the government.

On jobs, he said that tourism has the potential to create one million additional jobs in the next 1-2 years.

“For this, we need to selectively identify 10-15 destinations and work on them in terms of creating the necessary infrastructure, ensure safety, effect mindset change etc. The success story could then be replicated in other areas,” said Banga.

Banga called upon both the public and private sector to come together and leverage their strengths to create a New India. fii-news.com

Tags: MasterCardMinister of Railways and Coal
ShareTweetShare

Related Posts

Google
Technology

Tech: TechBharat-Google AI CoE for public good

by Fiinews
October 14, 2025
0
13

Foundation aims to harness the power of AI The TechBharat Research Foundation, a social enterprise advancing real-world AI solutions for...

Hcltech
Technology

Tech: HCL joins MIT Media Lab

by Fiinews
October 14, 2025
0
13

Noida group to explore co-development of AI innovations HCLTech has joined the MIT Media Lab, a world-renowned research and innovation...

PIB

Tech: 271 contested in Robotics Challenge 2025

October 14, 2025
13
PIB

Tech: Alliances commit to shape future of 6G

October 13, 2025
14

Tech: PM meets Qualcomm-Anthropic CEOs

October 13, 2025
12
PIB

Tech: India-UK launch innovation centre

October 12, 2025
13
SBI YONO
Sabit

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Manufacturing: MoD has spent 51.23% of capex
  • Tender: Rs.10,300cr projects planned in Puducherry
  • Tender: NMP works on international collaborations
  • Tech: TechBharat-Google AI CoE for public good
  • Market: Colaba sets trend of Casio timepieces

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.