India looks for equity, balance and fair trade in FTA: Piyush Goyal
Union
Minister of Commerce & Industry Piyush Goyal during his keynote speech at
the 27th CITIC CLSA India Forum today in Mumbai said that India looks for
equity, balance and fair trade when negotiating a Free Trade Agreement. He
asserted that India enters into FTAs with countries which are transparent, open
and where Governments’ economic systems align with India.
Goyal asserted that fulfilling basic amenities of
citizens has been the Government’s priority for the last decade empowering
Indians to aspire big, ensuring that India uses the 4D advantage of Democracy,
Demographic Dividend, Demand and Decisive Leadership led by Prime Minister Narendra
Modi. Urging participants at the forum to continue investing in the country, he
noted that the delta of opportunity India provides as it grows towards a Viksit
Bharat by 2047 makes it the best business destination for the world.
Addressing a question on skill development in the
country, the Minister stated that the PM Narendra Modi-led Government has
announced five schemes worth $30 billion in the Budget 2024. In the years to
come, the Government’s focus will be on allowing youth to curate their formal
education as per their desires and move into a vocation of their choice. CSR
spending in skill development will also enhance the progress in the years to
come, he said.