World isn’t just watching India, it’s counting on it: PM in Japan
In a bold and confident statement, Prime Minister Narendra Modi recently addressed the India-Japan Economic Forum in Tokyo, Japan, emphasizing India’s growing influence on the global stage. The PM’s remarks have sent a strong message to the world, highlighting India’s rapid economic growth, political stability, and transparency in policy-making.
India’s economic rise has been nothing short of remarkable. With a growth rate of over 7%, it has emerged as the fastest-growing economy in the world. This impressive performance has not gone unnoticed, and PM Modi’s statement “The world isn’t just watching India, it’s counting on India” has resonated with many. The PM’s assertion is backed by statistics, which show that India is likely to become the third-largest economy in the world soon.
During his speech, PM Modi highlighted the key factors that have contributed to India’s success. He emphasized the country’s political stability, economic stability, transparency in policy, and predictability. These factors have created a conducive environment for businesses to thrive, attracting investments and fostering growth.
India’s economic stability is a key attraction for investors. The country has a robust financial system, with a strong banking sector and a well-regulated capital market. The government’s efforts to promote ease of doing business have also paid off, with India jumping 14 places in the World Bank’s Ease of Doing Business Index in 2020.
Transparency in policy-making is another key factor that has contributed to India’s success. The government has been proactive in implementing reforms, such as the Goods and Services Tax (GST), to simplify tax compliance and reduce compliance costs for businesses. The PM’s statement has also highlighted the importance of predictability, which is critical for businesses to plan and invest in the long term.
India’s growing importance on the global stage is not limited to its economic prowess. The country has also emerged as a key player in international diplomacy, with a strong voice on issues such as climate change, terrorism, and regional security. PM Modi’s leadership has been instrumental in shaping India’s foreign policy, with a focus on strengthening bilateral ties with other nations.
The significance of PM Modi’s statement cannot be overstated. It sends a strong message to the world that India is a reliable partner for economic cooperation, and that it is committed to growing its economy in a sustainable and responsible manner. The statement has also boosted the morale of Indian businesses, which are now more confident than ever about their ability to compete with the best in the world.
In conclusion, PM Modi’s statement “The world isn’t just watching India, it’s counting on India” is a testament to India’s emergence as a global economic powerhouse. The country’s rapid growth, political stability, and transparency in policy-making have created a unique opportunity for businesses to thrive. As India continues to grow and evolve, its influence on the global stage is set to increase, making it an important partner for countries around the world.
