India seeing green shoots of economic recovery: PM

Source: PTI | Published on 9th July 2020, 5:03 PM | National News |

New Delhi:  Prime Minister Narendra Modi on Thursday said Indian economy has started seeing "green shoots" of recovery and that the country remains one of the most open economies in the world.

He said that in these times when the world is battling the COVID-19 pandemic, it is natural to talk about revival and there is faith that the story of global revival will have India playing a leading role.

"Indians have the spirit to achieve what is believed to be impossible. No wonder that in India, we are already seeing green shoots when it comes to economic recovery," Modi said while addressing the India Global Week 2020.

He said that India remains one of the most open economies in the world.

"We are laying the red carpet for all global companies to come and establish their presence in India. Very few countries will offer the kind of opportunities India does today," he added.

Modi also said that there are many possibilities and opportunities in various sunrise sectors in India.

"Our reforms in agriculture provide a very attractive investment opportunity to invest in storage and logistics," Modi said.

Read These Next

11,262 affected by floods in Assam; situation improves

The flood situation in Assam improved further on Thursday with the water receding from Morigaon district, though 11,262 people in two other districts are still affected by the calamity, an official bulletin said.