GET Stock QuotesNews18 APP
News18 English
Powered by cricketnext logo
»
1-min read

Easier to do Business in India Than Ever Before, Says PM Modi

The jump to 100th rank on this year's World Bank Ease of Doing Business index, from last year's 130, is the biggest by any country this year, he said while addressing the World Food India conference here.

PTI

Updated:November 3, 2017, 12:04 PM IST
facebookTwittergoogleskypewhatsapp
Easier to do Business in India Than Ever Before, Says PM Modi
File image of Prime Minister Narendra Modi. (Image: CNN-News18)
Loading...
New Delhi: Prime Minister Narendra Modi on Friday asserted that it is now easier to do business in India than ever before after the country leaped 30 places to break into top 100 nations worldwide.

The jump to 100th rank on this year's World Bank Ease of Doing Business index, from last year's 130, is the biggest by any country this year, he said while addressing the World Food India conference here.

India, he said, is one of fastest growing economies in the world and implementation of the Goods and Services Tax (GST) from July 1 has eliminated multiplicity of taxes.

The prime minister invited global companies to come and invest in the food process industry in India, saying it offers immense opportunity.

He made a point that more investment is required in contract farming, raw material sourcing and creating agricultural linkages.

There are opportunities in post-harvest management, Modi said, adding that there is immense potential for value addition in areas such as organic food.

He also spoke of the government targeting doubling of farmers' income in five years. India can provide solution and offer win-win partnership combination of traditional Indian food and modern technology, the prime minister stressed.
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Reliance 1,101.30 -4.34
Indiabulls Hsg 653.80 -17.10
Dewan Housing 210.55 -10.75
Yes Bank 217.90 -6.04
Bajaj Finance 2,140.50 -0.47
Company Price Change %Gain
Sudarshan Chem 385.05 2.64
Indiabulls Hsg 654.25 -17.06
Reliance 1,101.65 -4.11
Dewan Housing 211.80 -10.37
Yes Bank 217.70 -6.06
Top Gainers
Company Price Change %Gain
ITC 289.45 1.05
HUL 1,578.40 1.05
Kotak Mahindra 1,198.95 1.95
HPCL 215.90 4.15
Wipro 323.15 0.00
Company Price Change %Gain
Sun Pharma 608.40 2.52
Kotak Mahindra 1,199.55 1.83
Vedanta 211.15 1.51
HUL 1,579.20 1.16
ITC 288.45 0.73
Top Losers
Company Price Change %Gain
Indiabulls Hsg 653.80 -17.10
Yes Bank 217.90 -6.04
Bajaj Finance 2,140.50 -0.47
Hero Motocorp 2,712.75 -3.38
BPCL 283.55 -0.56
Company Price Change %Gain
Yes Bank 217.70 -6.06
HDFC 1,661.30 -4.32
Reliance 1,101.65 -4.11
Hero Motocorp 2,711.00 -3.70
Infosys 682.60 -3.11

Live TV

Loading...
Loading...