2 hrs ago
Industry Leaders Credit Modi With Transforming India's Business Climate
Industry leaders praised Prime Minister Narendra Modi as he turned 76 and marked 25 years in public service.
They said he encouraged India to think bigger.
They pointed to the Goods and Services Tax as an important change for businesses.
They said the tax reform made some rules simpler and helped lower transport costs.
They also praised the construction of ports, airports and highways.
These projects were described as helpful to Indian companies.
Other leaders mentioned growth in digital services, startups, manufacturing and youth programs.
They also said welfare programs such as Jan Dhan Yojana and Beti Bachao, Beti Padhao have helped people.
Industry leaders said Prime Minister Narendra Modi has encouraged India to think on a larger scale during his 25 years in public service.
They credited the Goods and Services Tax with simplifying tax regulations, supporting larger warehouses and reducing logistics costs.
Leaders said infrastructure development, including new ports, airports and highways, has strengthened Indian industry.
PHDCCI’s Ranjeet Mehta highlighted progress in digital systems, infrastructure, startups, youth empowerment and domestic manufacturing.
World Trade Center Mumbai Chairman Vijay Kalantri said India’s global standing and grassroots welfare had improved under Modi’s leadership.
- Who
- Prime Minister Narendra Modi and industry leaders from FICCI, PHDCCI and World Trade Center Mumbai.
- What
- Industry leaders praised Modi’s reforms, infrastructure policies and welfare initiatives, saying they improved India’s business environment and global standing.
- Where
- India, with comments reported from New Delhi.
- When
- Thursday, as Modi turned 76 and completed 25 years in public service; one leader referred to his 12 years in office.
- Why
- Leaders said reforms such as GST, infrastructure expansion and domestic-manufacturing initiatives reduced business costs and supported wider economic and social progress.
Key facts
- Milestone
- Modi turned 76 and completed 25 years in public service.
- Tax reform
- Industry leaders identified the Goods and Services Tax as a major transformative reform.
- Infrastructure
- Ports, airports and highways were cited as key developments.
- Business impact
- GST and infrastructure development were said to have helped reduce logistics costs.
- Manufacturing
- PHDCCI highlighted domestic manufacturing under the Atmanirbhar Bharat initiative.
- Other progress areas
- Leaders cited digital development, startups, youth empowerment and welfare programs.
- Welfare initiatives
- Jan Dhan Yojana and Beti Bachao, Beti Padhao were mentioned as programs benefiting people at the grassroots level.
Quotes
Anant Swarup
Secretary General of the Federation of Indian Chambers of Commerce and Industry
“GST is one such reform that has changed the way business is conducted across the country. It has led to the creation of larger warehouses, simplified tax-related regulations and reduced logistics costs. This remains one of the government’s significant achievements.”
thehansindia.com
“Numerous ports, airports and highways have been built across the country. This has injected new energy into Indian industry and helped bring down logistics costs.”
thehansindia.com
Sources
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