Page 28 - NIS English 01-15 November, 2024

Nation Kautilya Economic Conclave

INDIAN ERA IS

BEING DISCUSSED

AMIDST GLOBAL

UNCERTAINTY

Many countries of the world are embroiled
in fierce wars these days and there is an
atmosphere of uncertainty in a large part
of the earth. Despite this, India and the
Indian era are being discussed not only in
the country but also at the global level. The
world's eyes are on India due to its rapid
economic growth and structural reforms
being done for Viksit Bharat. The major
reason for this is the extensive change in
the policies of the central government in the
last decade. Taking forward this journey of
economic reforms, Prime Minister Narendra
Modi addressed the Kautilya Economic
Conclave organized in Delhi…...

ddressing the third edition of the Kautilya The central government is committed to making
Economic Conclave organized by the India developed and carrying out structural reforms.
AInstitute of Economic Growth on October 4 The current central government has worked at three
in collaboration with the Ministry of Finance, Prime times the speed in the first three months of its
Minister Narendra Modi said that this conference will third term. During this period, work has been done
help in accelerating India's development. India is the to maintain the continuity of bold policy changes,
fastest-growing economy in the world today. India is a strong commitment to job creation and skill
the fifth largest economy in terms of gross domestic development, a focus on sustainable development
product (GDP), first in global fintech adoption rate as and innovation, modern infrastructure, better living
well as smartphone data consumption, and second standards, and rapid development. Work has
in terms of internet users, nearly half of the world's started on many large infrastructure projects in the
digital transactions in real-time are done in India, has country, including the construction of 12 industrial
the third largest start-up ecosystem in the world and nodes in the country and approval for construction
ranks fourth in terms of renewable energy capacity. of three crore new houses. Decisions worth more
Along with being the world's second-largest mobile than Rs 15 lakh crore have been taken during this
manufacturer, and the largest manufacturer of two- period. PM Modi said, "This is a reflection of our
wheelers and tractors, India has the third-largest policies of the first three months." The result of the
group of scientists and technicians in the world. government's policies is that 25 crore people have

26 NEW INDIA SAMACHAR | November 1-15, 2024