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3 November 2017
Prime Minister Narendra Modi (The Total Investment & Insurance Solutions |
Prime
Minister Narendra Modi on Friday asserted that it is now easier to do business
in India than ever before after the country leaped 30 places to break into top
100 nations worldwide.
The Total Investment & Insurance Solutions
The
jump to 100th rank on this year's World Bank Ease of Doing Business index, from last year's 130, is the
biggest by any country this year, he said while addressing the World Food India
conference here.
India,
he said, is one of fastest growing economies in the world and implementation of
the Goods and Services Tax (GST) from July 1 has eliminated multiplicity of
taxes. The Total
Investment & Insurance Solutions
The
prime minister invited global companies to come and invest in the food processindustry in India, saying it offers immense
opportunity.
He
made a point that more investment is required in contract farming, raw material
sourcing and creating agricultural linkages.
There
are opportunities in post-harvest management, Modi said, adding that there is
immense potential for value addition in areas such as organic food.
He
also spoke of the government targeting doubling of farmers' income in five
years. India can provide solution and offer win-win partnership combination of
traditional Indian food and modern technology, the prime minister stressed.The Total Investment & Insurance
Solutions
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