PM Modi has addressed the industry in an annual meet which was hosted by the Confederation of Indian Industry organization.
Prime Minister Narendra Modi
has addressed the industry on August 11, 2021, on the topic of government and businesses working together for self-reliance. He spoke on the theme
‘India at 75: government and business working together for Aatmanirbhar Bharat
,’ via video conferencing. The two-day annual gathering of the initiative body,
Confederation of Indian Industry (CII),
has commenced on August 11, 2021.
The focus of the Prime Minister's presentation
is India's guiding concept for overcoming the terrible effects of the second Coronavirus pandemic. The
stated a policy to adjust its import rules and tariffs to stimulate more additional value to the local economy while discouraging the import of finished goods in its
FY22 union budget
. Besides just that, manufacturing perks are being used to lure international companies
to set up operations in India. According to the government,
a strong push toward industry and infrastructure development will help to stimulate the economy because capital spending has a multiplier effect.