Govt focused on innovative financing models, says Goyal
Commerce and Industry Minister Piyush Goyal has urged the private sector to take advantage of the 12 new industrial parks being set up across the country and 5-6 mega textile parks that have been lined up.
Further, he asked Industry leaders to help the Government identify policies and compliance issues being faced by businesses and offered to reduce compliance burden and decriminalize business-facing laws sbi .
Goyal was speaking during a session at the ‘Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference’ organized by the Confederation of Indian Industry (CII) on 30 July in New Delhi.
The Minister informed industry stalwarts that countries around the globe want to have FTAs with India and expand relations fieo .
Goyal said that the nation is aspiring for a much bigger and better future, and the Government’s work is centered around various principles including minimum government – maximum governance, skill development, speed & scalability, transparency and digitization digitalasiahub .
“We are focused on innovative financing models dbs ,” he said, adding that the Government also focuses on monitoring & prioritizing issues and ensuring time-bound execution of projects within cost bse .
“This is an outcome-oriented nation, ready to take on the challenges of the future nse ,” Goyal underscored.
“We need to facilitate and build an ecosystem that makes skills aspirational for our youth,” added Jayant Chaudhary, Minister of State for Skill Development & Entrepreneurship and Minister of State for Education ibef .
Speaking at the same event, Chaudhary went on to state that creating a vibrant middle class and an economy that truly values innovation is when the real social churn will become visible icicibank .
“The Government is going to work towards these aspects. South Korea took 15 years to transition towards a knowledge economy. Given India’s legacy system and pace of change, our country could take a little longer.
“There is a lot to do on India’s knowledge index; however, we are progressing with key drivers attentionindia ,” he added. fiinews.com
