FreeCurrencyRates.com

इंडियन आवाज़     23 Mar 2019 01:54:09      انڈین آواز
Ad

PM calls for creating an economic friendly environment

Inaugurating a Conference in New Delhi, on economic growth and changes of corporate environment in Asia, Dr. Singh stressed on the need for creating a climate that encourages investments and promotes inclusive and sustainable development. The Prime Minister also stressed on the responsibility of the Corporate sector in fulfilling social responsibilities to ensure inclusiveness. He stressed for maintaining highest standards in the Corporate governance by inculcating probity, transparency and accountability. The Prime Minister pointed out that inclusiveness is fundamental to sustainable development and the framers of the Indian constitution and Dr. Baba Saheb Ambedkar had visualized a bright and prosperous economic future for all citizens.

The prime minister said, the resistance against important economic decisions felt now, is not any different than in 1991 when the country unshackled itself from the license Raj. Reiterating the need for economic reforms, Dr. Singh said, time will prove that the hard decisions were taken in national interest.

The Prime Minster said, Asian countries are expected to become the engine of growth for the region and contribute towards economic stability in the back drop of the global slow down. Dr. Singh said, the Asian region and especially India has been able to weather the impact of the economic crisis without facing difficulties.

The Prime minister said, the Parliament is also working towards fine tuning the laws of the country to facilitate suitable economic environment and to ensure development and inclusiveness. The Prime Minister said, the government will soon bring the Companies bill in Parliament. Dr. Singh said, the Governments in Asia have the responsibility to ensure that corporate laws match up to international standards and the regulation of stock exchanges meets expectations of global investors. He said, the banking financial sectors should be exemplars of both efficiency and stability.

Dr. Singh pointed out that judicial decisions have transnational impact. He said, Judges these days are also having to also play the role of social activists, political thinkers and philosophers for the common good.

The Chief Justice of India Justice S.H Kapadia who spoke on the occasion stressed on the need for fine tuning existing laws to promote economic democracy to meet the growing aspirations of the youth. He said, without economic democracy, political democracy will be in peril in the country.

Leave a Reply

Your email address will not be published. Required fields are marked *

Ad

POLITICS

BJP website goes live with a tagline — Phir Ek Baar Modi Sarkar

Our Correspondent / New Delhi n Bharatiya Janata Party’s website was allegedly hacked has come live almost ...

Congress demands Lokpal probe into BJP’s ‘Yeddyurappa Diaries’

BJP dismisses Congress allegations over reported payoffs to its top leaders   Agencies / New Delhi ...

BJP Releases First List: PM Modi to Contest from Varanasi, Amit Shah Gets Advani’s Seat

BJP Releases First List: PM Modi to Contest from Varanasi, Amit Shah Gets Advani's Seat   File ph ...

SPORTS

Prajnesh makes it to Miami Masters main draw

India's number one singles player, Prajnesh Gunneswaran, has made it to the main draw of the Miami Open, his s ...

Mandhana, Jhulan at top of ICC Women’s ODI Rankings

Indian duo of Smriti Mandhana and Jhulan Goswami continue to top the batting and bowling charts in the latest ...

India crash out of Asia Mixed Team Badminton Championships

India crashed out of the Asia Mixed Team Badminton Championships at Hong Kong after losing 2-3 to Chinese Taip ...

Ad

MARQUEE

116-year-old Japanese woman is oldest person in world

  AMN A 116-year-old Japanese woman has been honoured as the world's oldest living person by Guinness ...

Centre approves Metro Rail Project for City of Taj Mahal, Agra

6 Elevated and 7 Underground Stations along 14 KmTaj East Gate corridor 14 Stations all elevated along 15.40 ...

CINEMA /TV/ ART

Priyanka Chopra is among world powerful women

AGENCIES   Bollywood actress Priyanka Chopra Jonas has joined international celebrities including Opr ...

Documentary on Menstruation stigma ‘Period’ wins Oscar

  WEB DESK A Netflix documentary Period. End of sentence, on the menstruation taboo in rural India has ...

Ad

@Powered By: Logicsart