Govt taking steps to make India manufacturing, export powerhouse: Thakur

Anurag Thakur

Minister of State for Finance

Anurag Thakur said on Monday the central government is making efforts to turn India into a manufacturing and export powerhouse.

Speaking at an event organised by direct taxes professionals here, Thakur said manufacturing will now be broadbased in the country.

"The government is taking requisite steps to make India a powerhouse for manufacturing and exports. Now, the manufacturing sector will be broadbased. We are expanding the domestic manufacturing base and diversifying international trade," he said.

He said the post-COVID world will be different and businesses have to adjust to disruptions.

"Nature of global economy has changed where multilateral negotiations have shifted to bilateral deals, the minister said.

Talking about agriculture reforms which have met with protests from the farmers of Punjab and Haryana, Thakur said, "The Congress under UPA wanted to do it. But it did not have the courage... We are trying to do whatever possible (about the protests).


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel