PM Modi reiterates his govt’s resolve to make India a 5 trillion dollar economy

Prime News, International and National, Economy, Business, Riyadh (Kingdom of Saudi Arabia), October 30:- Prime Minister Narendra has reiterated his government’s resolve to make India a 5 trillion dollar economy in next five year.

PM Modi during an on-stage discussion with founder, co-chairman and co-chief investment officer of Bridgewater Associates Ray Dalio in Riyadh.

Addressing the Future Investment Initiative (FII) in Riyadh, Modi urged global investors to take benefits from Indian start-up ecosystem. The Prime Minister said India has become the world’s third largest start-up ecosystem and Indian start-ups have started investing at global scale. Modi highlighted five major trends as the keys to future prosperity.

The Prime Minister also listed out several measures taken by his government for ease of doing business and ease of living. Modi said, by 2024 India will invest 100 billion dollar in refining, pipeline, gas terminals to create energy infrastructure.

Underlining the need for reform in UN, the Prime Minister said UN as an institution for conflict resolution has not developed as desired and the nations should look to reform its structure. Modi said powerful countries have seen UN as an instrument rather than an institution. (Inputs: Agencies, NGB)

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