* Editorial: By way of Dadavos *
Prime Minister Narendra Modi has taken serious global issues such as economy, protectionism, terrorism and climate crisis in the World Economic Forum's annual conference in Davos city of Switzerland, not only in India but also in the world. Is from all the countries.
PM Modi in Davos
At the annual conference of the World Economic Forum in Davos, Switzerland, Prime Minister Narendra Modi has taken serious global issues such as economy, protectionism, terrorism and climate crisis, the concern is not only in India, but also from all the world's countries. In such a way appeals and calls made from this global platform become very important. This conference of the World Economic Forum is such a big gathering of world leaders and business people, where mainly the issues related to the economy and business remain in the center. That's why this is a great opportunity for the businessmen and companies of the world to invest in India. In his address on the first day of the conference, Modi told businessmen around the world that come to India and do business. There is no hindrance to the outside businessmen. The bottleneck of red-tapism was first, That's not it now. In other countries, there is a red carpet in India for businessmen. In the minds of Indian businessmen who arrived at the Davos Conference, they also tried to create the confidence that the government is serious about economic issues and also about the implementation of the promises made.
For the first time in the last twenty years, an Indian Prime Minister has called for investment from global companies from Davos's forum. This is India's big need too. The importance of foreign investment can not be denied to continue economic reforms and increase its speed. The biggest challenge facing the country's economy during the last two and a half years is investment stagnation. Statistics of the Central Statistics Organization (CSO) show that the current value investment ratio in the first quarter of 2015-16 was 30.4 per cent, which fell to 26.4 per cent in the second quarter of 2017-18. Not only this, this whole year is more or less the same. After all this lack of investment is linked to projects somewhere, Those who are either not starting or have been unfinished. The data for the Center for Monitoring Economy ensures that what is happening in the new projects. That is why investors are making distance from new projects. Nobody knows what will happen to the already hanging projects. Under such circumstances, why would a foreign company come to invest? That is why it is a challenging task that in the mind of foreign investors, it is possible to make a deep point that if you put your money here, there will be no problem.
* Although, during the Davos Conference, the International Monetary Fund * (IMF), which has repeatedly reiterated the economic growth of India, can help to overcome the suspicion of foreign businessmen now. The IMF said that India is the fastest growing economy of the world and its growth and success will depend on how fast it extends its economic reform process. In such a situation, there are plenty of challenges with opportunities for India too. The IMF has said that India will have to increase the participation of women in its economy, only then the gross domestic product will increase. In such a way how much India will gain from the Davos forum and how it will attract investors, it will only depend on economic reforms.
Prime Minister Narendra Modi has taken serious global issues such as economy, protectionism, terrorism and climate crisis in the World Economic Forum's annual conference in Davos city of Switzerland, not only in India but also in the world. Is from all the countries.
PM Modi in Davos
At the annual conference of the World Economic Forum in Davos, Switzerland, Prime Minister Narendra Modi has taken serious global issues such as economy, protectionism, terrorism and climate crisis, the concern is not only in India, but also from all the world's countries. In such a way appeals and calls made from this global platform become very important. This conference of the World Economic Forum is such a big gathering of world leaders and business people, where mainly the issues related to the economy and business remain in the center. That's why this is a great opportunity for the businessmen and companies of the world to invest in India. In his address on the first day of the conference, Modi told businessmen around the world that come to India and do business. There is no hindrance to the outside businessmen. The bottleneck of red-tapism was first, That's not it now. In other countries, there is a red carpet in India for businessmen. In the minds of Indian businessmen who arrived at the Davos Conference, they also tried to create the confidence that the government is serious about economic issues and also about the implementation of the promises made.
For the first time in the last twenty years, an Indian Prime Minister has called for investment from global companies from Davos's forum. This is India's big need too. The importance of foreign investment can not be denied to continue economic reforms and increase its speed. The biggest challenge facing the country's economy during the last two and a half years is investment stagnation. Statistics of the Central Statistics Organization (CSO) show that the current value investment ratio in the first quarter of 2015-16 was 30.4 per cent, which fell to 26.4 per cent in the second quarter of 2017-18. Not only this, this whole year is more or less the same. After all this lack of investment is linked to projects somewhere, Those who are either not starting or have been unfinished. The data for the Center for Monitoring Economy ensures that what is happening in the new projects. That is why investors are making distance from new projects. Nobody knows what will happen to the already hanging projects. Under such circumstances, why would a foreign company come to invest? That is why it is a challenging task that in the mind of foreign investors, it is possible to make a deep point that if you put your money here, there will be no problem.
* Although, during the Davos Conference, the International Monetary Fund * (IMF), which has repeatedly reiterated the economic growth of India, can help to overcome the suspicion of foreign businessmen now. The IMF said that India is the fastest growing economy of the world and its growth and success will depend on how fast it extends its economic reform process. In such a situation, there are plenty of challenges with opportunities for India too. The IMF has said that India will have to increase the participation of women in its economy, only then the gross domestic product will increase. In such a way how much India will gain from the Davos forum and how it will attract investors, it will only depend on economic reforms.
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