India’s demographic dividend to spur economic partnerships with European countries: Piyush Goyal
India conscious of climate change,
continues to be smallest contributor of per capita emissions: Goyal
Centre working to promote EVs and make them compelling business cases: Goyal
India offers conducive business climate aided by robust regulatory mechanisms: Goyal
Union Minister of
Commerce & Industry, Consumer Affairs, Food and Public Distribution, and
Textiles, Piyush Goyal during his address at the Confederation of Indian
Industry (CII) India Europe Business and Sustainability Conclave today in New
Delhi said that India is looked upon today as the centre of possibilities and
the aspirational India will provide a demographic dividend which will help the
growth of the India-Europe economic partnerships and geopolitical
engagements.
Goyal said that
there has been a change in mindset the way quality is viewed and active
participation has been undertaken to be a part of the global initiative towards
sustainability and keeping the world clean. The Union Minister noted that India
has always been eco-conscious with the smallest per capita contribution of
emissions and will continue to be a responsible nation in terms of climate and
sustainability.
“India is a nation
that has adopted the philosophy of Reform, Perform and Transform’, said Goyal
emphasising the nation’s contribution of a 3D vision to the world backed by
democracy, demography and demand. The Minister further said that the government
is actively working to promote electric vehicles (EVs) and make them compelling
business cases and is also looking to develop a circular economy to build
sustainability globally.
On the business
climate in India, Goyal said that the government offers a conducive environment
focused on reducing compliances and working as partners with businesses across
the world aided by strong and robust regulatory mechanisms. The Minister said
that today’s India is an ‘Atmanirbhar Bharat’ with the fastest growing
e-commerce market.
Goyal emphasised
India’s contribution at the global platform by organising the G20, and said
that with the launch of the Global Biofuels Alliance and India-Middle
East-Europe Economic Corridor India will aid the free world to work together
through transparent and fair play in trading systems. The Minister noted that
the government is working towards a women-led development and is preparing the
nation with strong macroeconomic fundamentals supported by a large pool of
young aspirational talent. Goyal further said that the aspirational
new-generation, with an average age of under 30 years, will enable India to be
a fully developed nation by 2047 alongside working on inclusive and sustainable
growth.
Goyal further added
that India is conscious of climate change and is devoted to the Paris Agreement
continuing to unlock new energy frontiers for the needs of the world.