Developed nations of the world keen to enter into FTAs with India, says Union Minister
IndiGlobal Bureau
Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal called upon India’s business community to give primacy to products that are made in India. The Minister emphasized the need to promote industry and manufacturing in India and said this would help boost employment and benefit people.
He was addressing the All India Vaishya Federation (AIYF) meeting held in Hyderabad.
Endorsing PM Modi’s call to the travellers and tourists to spend at least 5 percent of their travel budget on locally made products, the Minister said that our talented artisans, craftsmen and entrepreneurs deserve to be supported and promoted.
The Minister stressed that India was ready to take decisive steps towards becoming a developed nation, a Vishwaguru. He expressed confidence that India’s huge youth population had the capability to drive this quest forward. “India is the sole bright spot in the world today. The world is looking towards India with great hope”, he added. He noted that developed nations were now aspiring to enter into FTAs with India and said that the fastest FTA in the world was concluded between India and UAE in just 88 days. He added that the rest of the Gulf Cooperation Council (GCC) nations were also gearing up to sign FTAs with India.
Goyal pointed out that in the last 30 years, India’s GDP had grown by 11.8 times. He reminisced that there was a time when a large section of the population was focussed upon securing the very basic necessities of life such as food, clothing and shelter.
The Minister spoke of the Prime Minister’s stress on the need to go back to our roots and said that India’s history, its culture, traditions and value systems, had great strength in them.
He expressed confidence that if the whole nation worked together as one, our children would learn of our efforts through their history books rather than the glory days of kings, Nizams and colonialism.