PM Modi assures reforms to promote inclusive development as well as continuity in policies.

Prime Minister Narendra Modi said that MSMEs play a transformational role in India’s economic development. The government is committed to nourishing and strengthening the region during its virtual address in 2025, after the budget on Tuesday.

To pursue the rules, the Prime Minister announced the formation of a committee to review the rules in the non-financial sector. “It has also been decided to set up a committee to review the rules in the non-financial sector. We aim to make them modern, flexible and adapt to people. Industry will play an important role in this exercise. ,

he/she said, “Today, the country has been seeing an unprecedented stability in government policies for more than a decade. In the last 10 years, India has demonstrated its commitment to continuous reforms, financial discipline, transparency and inclusive development. ,

he/she said, “The assurance of continuity and reforms has brought a new sense of confidence within our industry. I assure every stakeholder associated with manufacturing and export that this continuity will remain stable in the coming years. ,

he/she assured the government’s dedication industry to ensure especially to ensure policy continuity for manufacturing and export, “continuity and assurance of reforms has brought a new sense of faith within our industry. I assure every stakeholder associated with manufacturing and export that this continuity will remain stable in the coming years. ,

Highlighting India’s growing global economic stature, PM Modi commented, “Today, every country in the world wants to strengthen its economic partnership with India. Our manufacturing sector must proceed to maximize the benefits of this partnership. ,

Confirming the government’s efforts towards self -sufficiency, he/she said, “We have carried forward the vision of India and have accelerated the pace of reforms. Our efforts have reduced the economic impact of Covid-19, which helps India emerge as one of the fastest growing economies. ,

Speaking on the success of the production linked incentive (PLI) scheme, PM Modi highlighted his/her influence in 14 areas.

he/she said, “Today, 14 sectors are benefiting from our PLI scheme. Under this scheme, more than 750 units have been approved, which attracted investment of more than Rs 1.5 lakh crore, resulting in production of more than Rs 13 lakh crore and exporting more than Rs 5 lakh crore. This indicates that if our entrepreneurs are given opportunities, they can excel in every new area. ,

PM Modi confirmed India’s position as the major driver of global development. “Today, the world sees India as a development center,” he/she said, urged industries to confiscate opportunities emerging and run economic expansion.