Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal, and Railways & Telecom Minister Ashwini Vaishnaw along with other thought leaders will discuss the road ahead at summit next week
The minister said that India saw a scorching pace of growth in its international trade in the years between 2021 and 2023
The minister added that gradually countries are realising that undertaking trade in domestic currencies has several advantages
EV maker as also other global players welcome in India, says Goyal
He highlighted that the government has spent in the last few years about Rs 28,000 crore to the price stabilisation fund to support the effort to fight against food inflation
'Please don't get misled by the propaganda of some people. This government is committed to the interest of farmers and we are totally committed to a bright future for every farmer'
He stressed that 'gone' are the days when India used to accept the terms of the world
Goyal, son of former BJP treasurer Ved Prakash Goyal, has been a three time Rajya Sabha member and if nominated, this will be his first Lok Sabha contest
The minister, briefing reporters after the Cabinet meeting, said supercomputing capacity, comprising over 10,000 GPU, will be made available to various stakeholders for creating an AI ecosystem
Through the digital gateway of WDRA and e-NAM, farmers can now sell their commodities above the minimum support price (MSP)
The minister emphasised the need to modernise Indian agriculture through the use of technology to enhance farmers' income. This will also help in making the farm sector an "attractive proposition"
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Countries agree to renew the e-commerce moratorium until next ministerial
Emphasisng the importance of securing their well-being, Goyal stated, "I think that India has successfully delivered on the issues that were our role and has achieved the outcomes that we expected"
On the 5th day of the ministerial meeting, most ministers had already gone home, although India's trade minister Piyush Goyal and European Trade Commissioner Valdis Dombrovskis remained until the end
The WTO ministerial meeting in Abu Dhabi this week is seeking deals on ending fishing subsidies and extending a moratorium on digital trade tariffs - a move that India and South Africa oppose
It is envisaged that the registry will facilitate easy access and discovery, fostering collaboration and growth within the ecosystem
The minister's remarks came amid allegations by certain developed nations that India is blocking deals at the WTO
The ministers are expected to hold bilateral talks on the sidelines of the World Trade Organization's four-day summit - the 13th Ministerial Conference -- in Abu Dhabi
"The Sun is rising and it's our time under the Sun. I hope we don't miss the bus. The message goes loud and clear to all startups, not to lose this opportunity," Goyal said