PM Modi defends farm reforms; says investors trust India's growth story

Narendra Modi | Image: Twitter
Prime minister Narendra Modi on Friday defended reforms including controversial ones undertaken in the agriculture sector by his government.  

Interacting with economists and other experts, he highlighted the faith shown by foreign investors in India's growth story with foreign direct investment (FDI) growing by 11 per cent between April and October despite global recession.   

He said his government brought historic reform based stimulus in agriculture, commercial coal mining and labour laws, according to an official release.

The prime minister explained his vision behind an 'Atmanirbhar Bharat' where Indian companies are integrated in the global supply chains in a manner not seen before.

Modi also highlighted the national infrastructure pipeline as the government's commitment to developing world class infrastructure.

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