JOHANNESBURG: PM Modi played up India’s economic growth story during his remarks at the BRICS Business Forum Leaders’ Dialogue on August 22.
The Prime Minister said there was no doubt that India would be a growth engine for the world. Though the global economy is in the doldrums, India has emerged as the fastest growing major economy, Modi added.
He spoke about his government’s record on bringing in reforms such as the Insolvency and Bankruptcy Code and the Goods and Services Tax (GST) to improveease of doing business and boost investor confidence.
PM Modi also spoke about the improvement in public-service delivery, particularly through the use of technology, and the reduction in corruption. He added that direct benefit transfers worth over $360 billion have been made to citizens.