Wed, Mar 29, 2017 | updated 12:44 PM IST

India has transformed into one of world's most open economies: PM Modi

Updated: Oct 16, 2016 15:00 IST

Salcete (Goa) [India], Oct 16 (ANI): Highlighting his government's initiatives to streamline and simplify governance, especially in doing business in India, in the last two years in office, Prime Minister Narendra Modi today said that India has transformed into one of the world's most open economies.

The Prime Minister, who was speaking at the BRICS Business Council, said business communities are strongest proponents for closer and faster commercial cooperation as their partnerships create wealth and value in our societies.

"In India, we've undertaken substantial reforms in the last two years to streamline and simplify governance, especially doing business in India," said Prime Minister Modi.

"We have moved up in almost all global indices that measure such performances. We have transformed India into one of world's most open economies. Growth is strong and we are taking steps to keep the momentum going," he added.

Prime Minister Modi expressed his delight to note that the BRICS Business Council also has matching priorities of ease of doing business, dismantling trade barriers, promoting skill development, established manufacturing supply chains and infrastructure development.

"We count on the BRICS Business Council to work with us to achieve our common aim, strengthening mutual trade, enhancing business opportunities, building investment linkages, promoting innovation and removing bottlenecks to intra-BRICS commerce," he said.

Prime Minister Modi further said the success of the National Development Bank (NDB) is concrete result of our common efforts, adding it has kept clean energy, green and sustainable infra as its priority.

"We would encourage the BRICS Business Council to work closely with the NDB on identifying and implementing prospective economic projects," he said. (ANI)

Act against anything illegal: Baba Ramdev

Updated: Mar 29, 2017 12:40 IST

Lucknow (Uttar Pradesh) [India], Mar. 29 (ANI): Yoga Guru Baba Ramdev on Wednesday praised the Uttar Pradesh Government for its decision to close all illegal slaughter house.

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New Delhi [India], Mar. 29 (ANI): Union Finance Minister Arun Jaitley on Wednesday moved the four Goods and Services Tax (GST) Bill in the Lok Sabha for consideration.

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Srinagar/New Delhi [India], Mar. 29 (ANI): Condemning the recent Budgam encounter, the National Panthers Party (NPP) on Wednesday criticised Jammu and Kashmir Chief Minister Mehbooba Mufti and ¬said imposing Governor rule appears to be the only option before the administration.

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New Delhi [India], Mar. 29 (ANI): The National Green Tribunal (NGT) on Wednesday adjourned the Ganga cleaning matter for tomorrow.

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Centre says no proposal to enhance MPLAD fund

Updated: Mar 29, 2017 12:16 IST

New Delhi [India], Mar.29 (ANI): The Centre has no plans to increase the component of MPLAD fund, Minister of Statistics and Programme Implementation D.V.Sadananda Gowda told Shimla Member of Parliament Virender Kashyap recently.

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Mumbai (Maharashtra) [India], Mar. 29 (ANI): A special NIA court in Mumbai on Wednesday adjourned the hearing on framing charges against ISIS suspect Arib Majeed till April 13.

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Patna (Bihar) [India], Mar. 29 (ANI): Dubbing the reports that Bihar Chief Minister Nitish Kumar may join hands with the NDA as 'impossible and baseless', the Janata Dal (United) on Wednesday said their alliance is strong and is working for Bihar's development.

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New Delhi [India], Mar. 29 (ANI): A 19-year-old Indian Institute of Technology (IIT) student from Ranchi attempted to commit suicide in wee hours of Wednesday morning by jumping from his hostel premises.

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Anand (Gujarat) [India], Mar. 29 (ANI): A case has been registered against the director of Institute of Rural Management Anand (IRMA) after a professor complained of sexual harassment.

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Bengaluru (Karnataka) [India], Mar. 29 (ANI): A day after Karnataka house panel decided to form rules for media, the Bharatiya Janata Party (BJP) on Wednesday said regulating media is not healthy in a democratic setup and requested the Assembly Speaker to relook into his decision.

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New Delhi [India], Mar. 29 (ANI): The Delhi High Court on Wednesday dismissed the plea of Yogendra Yadav-led Swaraj India challenging the Election Commission's decision to not allot the common symbol to contest upcoming municipal corporations elections.

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Shopian (Jammu and Kashmir) [India], Mar. 29 (ANI): The terrorist who had snatched a rifle from a PSO in Jammu has surrendered before the police in Jammu and Kashmir's Shopian.

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Ayodhya (Uttar Pradesh) [India], Mar. 29 (ANI): Welcoming the Supreme Court's proposal to mediate on the Ram Temple issue, Bharatiya Janata Party (BJP) leader Vinay Katiyar has said the saffron party is ready to end the matter, adding that the construction of the temple here is not any ordinary issue for the Muslim community but a war of ego.

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Chennai (Tamil Nadu) [India], Mar. 29 (ANI): After cancelling his trip to Sri Lanka, superstar Rajinikanth has written a letter to Sri Lankan Tamils thanking them for their love.

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Lucknow (Uttar Pradesh) [India], Mar. 29 (ANI): The nomination papers for election of the Speaker of new assembly in Uttar Pradesh will be filed today.

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Lucknow (Uttar Pradesh) [India], Mar. 29 (ANI): Former Uttar Pradesh chief minister and Samajwadi Party chief Akhilesh Yadav was unanimously elected as the leader of Samajwadi Party Vidhan Mandal Dal.

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Kulgam (Jammu and Kashmir) [India], Mar. 29 (ANI): Terrorists opened fire outside the residence of a senior police officer in Khudwani area of Jammu and Kashmir's Kulgam.

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Kapurthala (Punjab) [India], Mar. 29 (ANI): The recovery of some balloons, coins and a white paper carrying some message and a map created quite a panic in Punjab's Kapurthala.

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New Delhi [India], Mar. 29 (ANI): The Delhi High Court will on Wednesday hear a plea filed by Vodafone India, alleging that the Telecom Regulatory Authority of India (TRAI) had failed to prohibit Reliance Jio Infocomm Ltd's (RJIO) "blatant violation" of tariff orders, directions and regulations by permitting it to continue with its free offers.

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New Delhi [India], Mar. 29 (ANI): The Delhi High Court will on Wednesday pronounce its order in Swaraj Abhiyan's plea seeking allotment of common symbol to the party to contest the upcoming municipal elections in the national capital.

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