Monitoring Desk,11-Jan; Prime Minister Narendra Modi inaugurated Madhya Pradesh Global Investors Summit in Indore today, through video conferencing.
Speaking on the occasion, Prime Minister said India has been on the path of ‘Reform, Transform and Perform’ since 2014. He said, Aatmanirbhar Bharat Abhiyaan has imparted greater momentum to it. As a result, India has become an attractive destination for investment, Mr Modi said.
Prime Minister said, Institutions and credible voices that track the global economy have unprecedented confidence in India. He said, IMF sees India as a bright spot in the global economy. World Bank says that India is in a better position to deal with global headwinds than many other countries. This is because of India’s strong macroeconomic fundamentals, Mr Modi said. He said, OECD has said that India will be among the fastest-growing economies in the G-20 group this year. According to Morgan Stanley, India is moving towards becoming the world’s third-largest economy in the next 4-5 years. The CEO of McKinsey has said that this is not only India’s decade but India’s century, Prime Minister said. Modi said, Optimism for India is driven by strong democracy, young demography and political stability.
