Every state, district has role in helping India become 5 trillion dollar economy: PM Modi

India is now among the top ten performers in Ease of Doing Business and has improved its rank by 79 points between 2014 and 2019, he added.

Published: 07th November 2019 03:09 PM  |   Last Updated: 08th November 2019 11:50 AM   |  A+A-

PM Narendra Modi

PM Narendra Modi (File Photo | PTI)

By Express News Service

DHARAMSALA: Prime Minister Narendra Modi on Thursday said every state and district in the country had a role in India’s effort to become a five trillion-dollar economy by 2025.

He was inaugurating a two-day Rising Himachal Global Investors’ Meet in Dharamsala to attract investment to the state.

“Every state and every district of the country has a great potential and they will play a vital role in achieving the target. The states are now competing with each other to attract investment. India is now among the top 10 performers in ease-of-doing-business and had improved its rank by 79 points between 2014 and 2019,’’ the PM said in his  30-minute speech.

He said that today, the growth vehicle in India is running on 4 Wheels with new thinking, new approach —Society, which is aspiring; Government, which is Encouraging for New India; Industry, which is daring; and Knowledge, which is sharing.

He also said that if India stands strong today in the global scenario, it is because “we have not let the fundamentals of our economy weaken”

Modi said that Himachal has a huge potential for investment in the fields of tourism, pharma and other sectors. The state is fulfilling every requirement for business, he said and added that Himachal Pradesh can take a leaf out of the book of Sikkim and explore organic farming.

Modi said, today, tourism is being promoted as a package in India. He said earlier there was a gap felt in Himachal — that of quality infrastructure and simplification of government processes.

The central government has tried its best to fill this gap with the state government, he added.

The state government will showcase the policy and regulatory environment and investment scope across eight focus sectors to boost manufacturing and employment opportunities in the state.

Bright future for Himachal

Modi said that Himachal has a huge potential for investment in the fields of tourism, pharma and other sectors.

The state is fulfilling every requirement for business, he said and added that the state can learn from Sikkim and explore organic farming.

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