Our national interest will always be paramount. We'll calibrate and balance our policies based on needs of the country, says Piyush Goyal
A reduction in the basic customs duty of gold to 6 per cent (from 15 per cent) will reduce smuggling, said Union minister Piyush Goyal
The country's services exports are doing extremely well and going by the current trend these outbound shipments would register about 20 per cent growth in this fiscal and cross the USD 300 billion target despite global economic uncertainties, Commerce and Industry Minister Piyush Goyal has said. He said that on the merchandise front also, exports are so far registering healthy growth despite the world being under recession, huge inflationary pressure , and overstocking of various commodities. With all these stress, where every global leader is talking of very tough times, India's exports rose 9 per cent year-on-year during April-December 2022-23. On services though, we have done extremely well. On services we are probably going to do at least a 20 per cent growth and by the current trends, we will exceed the target of USD 300 billion this year. So all in all, it will be a very very satisfying year, given the global headwinds and the stress that is reported from almost every part of
India today is a land of opportunity and can be a trusted partner for global and American corporations in their supply chains and investment portfolios, Commerce and Industry Minister Piyush Goyal said. He also exuded confidence that the country will soon be the third largest economy in the world, as transformational reforms and a young population drive future growth. I would urge all of you to take this message to the world, to the Americans and American corporations and to the sphere of influence that each one of you has that India is the place to be, India can be your trusted partner in your supply chains, in your investment portfolio, in your business, Goyal said on Sunday as he addressed diaspora and members of the Indian-American community at a reception here. Goyal arrived in New York on Sunday on an official visit till January 11 during which he will also travel to Washington DC. In the first leg of the visit, he will interact with CEOs of multinational enterprises, join ...
'No big step can be taken if one is afraid of criticism'
Says states must find new ways of attracting investment as excise duty concessions to be ruled out