Prime Minister Modi inaugurates the new premises of the Ministry of Commerce “Vanijya Bhawan” – ThePrint – ANIFeed

New Delhi [India]June 23 (ANI): Prime Minister Narendra Modi on Thursday inaugurated the new premises of the Ministry of Commerce and Industry – “Vanijya Bhawan”.

In addition, Modi has also launched a new portal called NIRYAT – a one stop shop for all information needed for India’s foreign trade.

During the inaugural ceremony, Modi said that this new premise and the portal are a symbol of both physical and digital infrastructure, and that they will reflect India’s aspiration to “Atma Nirbhar Bharat” or a Autonomous India.

He went on to say that “ease of access” to citizens was India’s top priority, and that access to government policy formulations and banking services for citizens were key facets of the governance model of the 8 last years.

Furthermore, the benefits of government programs reaching all sections of the population without any form of discrimination can only ensure ‘Sabka Vikas’ or welfare for all, he said.

Referring to previous governments, he said projects had been announced earlier for the sake of “political interest”, but there were no guarantees that such projects would be completed.

“They weren’t serious about completing the projects. This new building (completed on time) is an example of how we have changed the mindset,” said Modi.

Government projects completed on time and programs achieving their goals are nothing but respect for the taxpayers of the country, he said.

“When government projects are completed on time and programs achieve their goal, it’s all about respecting the taxpayers of the country. As part of Prime Minister Gati Shakti’s national master plan, we now have a modern platform… Taking into account the aspirations of the new India, this building should give impetus to all aspects of development,” said Modi.

Furthermore, he reiterated that this government has removed more than 32,000 non-essential compliances, which is essential to promote the “ease of doing business” in the country.

Talking about the GeM portal, an abbreviated form of one-stop government electronic marketplace, in which 45 lakh small businesses are currently registered, he said the value of orders on the platform has increased from Rs 9,000 crore to now more than Rs 2.25 lakh crore.

Relying on the advantages of the ease of doing business in the country, he said there were less than 500 fintech start-ups registered in the country until 4 years ago, which have now moved to more than 2,300.

During the same period, recognized starts per year increased from 8,000 to more than 15,000 units.

Furthermore, he added that exports are vital for a country’s progress and initiatives such as “Vocal for Local” have also accelerated the country’s exports, he said. Despite global disruptions last year, India exported a total of $670 billion or Rs 50 lakh crores.

Against this backdrop, Modi urged exporters to not only set a short-term but also a long-term export target, that too with a proper roadmap to achieve the achievement, citing that exports play a crucial role. for the developing nation to become a developed one.

Over the past eight years, India has steadily increased its exports, meeting its export targets. Better policies to increase exports, ease the process and bring products to new markets have helped a lot, he added. (ANI)

This report is generated automatically from the ANI news service. ThePrint declines all responsibility for its content.