India continues to be fastest-growing economy in the world: LG Sinha

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Jammu and Kashmir Lieutenant Governor Manoj Sinha on Friday said that India is the fastest-growing economy in the world and favourite destination for trade and investment.

Speaking at the inauguration of the 4th Annual Conference of Indian Economics & Allied Sciences Association here, he said, India is the most favourite destination for trade and investment and continues to be the fastest-growing economy in the world.

The three-day conference will discuss various themes and comprehensive analysis of policy measures towards the achievement of “Viksit Bharat by 2047”.

He said under the leadership of Prime Minister Narendra Modi, the government policies and programmes for holistic development have put the economy on a sustainable path of high-growth and shaping India’s economic trajectory.

“Today, India is the most favourite destination for trade and investment and we continue to be the fastest-growing economy in the world. With the vision of inclusive, progressive and sustainable growth, it is being ensured that fruits of our development percolate to the grassroots”, Sinha said.

“India is full of optimism, boundless energy and ambition and expected to contribute 15% of global growth in the current Financial Year”, he said and added “We are moving closer to our goal of making this truly India’s century & our economic resurgence will be the key driver of global growth”.

The Lt Governor appreciated the endeavour of the Indian Economics & Allied Sciences Association for deliberation on India’s development strategy of “Aatma Nirbhar” Bharat, development issues of J&K, Ladakh and Tribal population in India and comprehensive analysis of policy measures towards the achievement of Viksit Bharat by 2047, during the three-day conference.

He called for collective efforts to unlock the potential of growth-oriented sectors and put a special focus on job creation, infrastructure and investment, women empowerment, MSMEs, skill development, health and nutrition, which are the important pillars of India 2.0.

At the inaugural session, Sinha shared the socio-economic reforms introduced in various sectors over the past few years to bring J&K UT at par with other developed regions in the country.

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