The country’s improving economy and the revolutionary changes implemented over the past ten years, according to Prime Minister Narendra Modi, are the reasons behind India’s 7.7% GDP growth in the first half of the current fiscal year.
Speaking via video link to the ‘Infinity Forum 2.0’ conference in the Gujarat International Finance Technology (GIFT) City, Modi stated that his government aims to establish the GIFT City as a global hub for cutting-edge financial and technological services. “India’s GDP grew by 7.7% during the first half of the current fiscal year…The world looks to India for optimism today, but this did not happen by accident.
In his inaugural speech, Modi stated, “This is a reflection of both India’s strengthening economy and the transformative reforms carried out in the last 10 years.”
The PM stated that the GIFT International Financial Services Centre (IFSC) is emerging as the hub of one of the world’s fastest-growing fintech marketplaces, which is currently India.
He invited specialists to contribute their thoughts on creating a green credit market system. On this momentous occasion, Prime Minister Modi expressed his congratulations to the people of Gujarat for their traditional Garba dance’s inclusion in UNESCO’s “Representative List of the Intangible Cultural Heritage of Humanity.”
With its more lenient regulations and fiscal incentives, GIFT-IFSC is a tax-neutral financial centre that hopes to rival centres like Singapore.
With an astounding 76% approval rating, Prime Minister Narendra Modi has taken the top spot as the most popular leader in the world, according to a recent survey by the US-based consulting firm Morning Consult. This indicates a persistent pattern, as PM Modi continues to hold the highest regard among world leaders.
Third-place winner Alain Berset of Switzerland received 58% of the vote, while President Luiz Inacio Lula de Silva of Brazil received 49% of the vote and 44% expressed disapproval. Georgia Meloni of Italy had a rating of 41% and a disapproving 52%, while Australian Premier Anthony Albanese received a rating of 47% and dissatisfaction 42%.
Furthermore, praising ‘team spirit’ for the BJP’s wins in Rajasthan, MP, and Chhattisgarh, Prime Minister Narendra Modi stated on Thursday that the party was the people’s first choice for government because of its superior track record of holding onto power compared to the Congress.
