इंडियन आवाज़     05 Dec 2023 10:41:56      انڈین آواز

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.


Govt launches National Best Tourism Village Competition & Best Rural Homestay Competition 2024

AMN / WEB DESK Union Tourism Ministry has launched National Best Tourism Village Competition and the Nation ...

Thailand announces visa-free entry for Indian citizens

Thailand is scrapping visas for scores of Indian tourists in order to rekindle the fire in its tourism sector. ...

World Tourism Day 2023: Govt Launches ‘Travel for LiFE’ Campaign

By Vinit Wahi On the occasion of World Tourism Day 2023 today, the Ministry of Tourism (Northern Region) u ...


International forum on ‘Role of Media in Inciting Hatred and Violence’ begins in Jeddah

JEDDAH The Secretary-General of the Muslim World League Sheikh Mohammed bin Abdulkarim Al-Issa on Sunday hi ...

Journalists felicitated on National Press Day at Press Club of India

Journalists will have to fight together against attacks on press freedom: Siddharth Varadarajan Staff R ...


India and US to launch joint microwave remote sensing satellite (NISAR) for Earth observation

India and the US will launch the joint microwave remote sensing satellite for Earth observation in the coming ...

Vikram Sarabhai Space Research Center plays crucial role in field of space: Jitendra Singh

AMN / WEB DESK Union Minister of State Jitendra Singh said that Vikram Sarabhai Space Research Center( VSSC ...

@Powered By: Logicsart