Hello Readers! 

Today was the second day of the FICCI Annual General Meeting. It was addressed by our honorable Prime Minister Narendra Modi via video conferencing.

Prime Minister Narendra Modi inaugurated the 93^rd Annual Convention of the Federation of Indian Chambers of Commerce and Industry (FICCI), which is based on the theme “Inspired India”.

While addressing the annual general meeting, Prime Minister said “In the match of 20-20 we saw a lot of things changing rapidly. But 2020 baffled everyone. The nation and the entire world saw a lot of ups and downs. When we'll think of the corona period a few years later, perhaps we won't be able to believe it. It's good that things are improving swiftly”.

Regarding COVID-19, PM Modi said, “India prioritized saving lives, and the world is seeing and appreciating India’s efforts”. The Prime Minister said the "good news" is that recovery is taking place, and economic indicators are encouraging.

PM Modi further said that “the whole world has strengthened its confidence in India over past months, which is clearly shown by the record foreign direct investment (FDI)”.

PM Modi said, “the reforms that we are doing in the various sectors will help remove all the needless frameworks. The agriculture sector is one such example”.

As per PM Modi, the reforms that have been bought in the agricultural sector are going to be proved beneficial to farmers. He said that the reforms will give farmers access to new markets and technology.

"We have encouraged the production of ethanol in India; this is bringing about a big change. Sugarcane farmers will greatly benefit from increased production of ethanol," PM Modi said.

The Prime Minister also said the Unified Payments Interface (UPI) platform, alone is seeing transactions worth Rs 4 lakh crore and setting new records each month.

Well, the words of the Prime Minister, show that the government is working hard towards recovering the Indian Economy. In the year 2021, it will be interesting to watch, how much effort the government puts to take the India Economy to $5 trillion by 2025.

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