The entire world has pinned its hopes on India, and this did not happen just on its own; this is a reflection of India’s strengthening economy and also the transformative reforms carried out in the last 10 years, says PM Modi
Read More: India’s Forex Reserves Rise To 4-Month High; Details Here
Prime Minister Narendra Modi on Saturday said India’s GDP growth of 7.7 per cent during April-September 2023 is a reflection of the country’s strengthening economy and the transformative reforms carried out in the past 10 years. He said this while addressing the ‘Infinity Forum 2.0’ conference at the GIFT City via video link.
The prime minister said his government wants to turn the Gujarat International Finance Tec (GIFT) City into a global nerve centre of new-age global financial and technology services.
Read More: RBI MPC meet outcome awaited: 9 financial experts expect constancy in repo rate
“In the first six months of this financial year, India has achieved a GDP growth of 7.7 per cent…Today, the entire world has pinned its hopes on India, and this did not happen just on its own. This is a reflection of India’s strengthening economy and also the transformative reforms carried out in the last 10 years,” Modi said in his inaugural address.
India is one of the fastest growing fintech markets in the world today and the GIFT International Financial Services Centre (IFSC) is emerging as its centre, the PM said.
He urged experts to share their ideas on developing a market mechanism for green credits.
On the occasion, PM Modi congratulated the people of Gujarat over the inclusion of the state’s traditional Garba dance in the UNESCO’s ‘Representative List of the Intangible Cultural Heritage of Humanity’.