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Friday, December 1, 2023

Aatmanirbhar Defence, trade pacts…’: Prime Minster Modi presents 8-year report card

Prime Minister Narendra Modi spoke of India’s efforts to assist countries facing a shortage of vaccines and medicines throughout the height of the Covid-19 pandemic. He conjointly spoke on India’s trade pacts with countries like Australia and UAE.

PM Narendra Modi on Sat hailed the government’s reforms to mark the 8 years of his government in power.

‘India rising stronger from the international crisis’

The article speaks regarding the ‘Atmanirbhar Bharat’ locution that the prime minister coined throughout the height of the Covid-19 pandemic. It said regarding India’s initiative of exportation medicines to 100 countries and dispatching quite 20 crore jabs to the destitute countries.

Crediting the self-directed India vision, it spoke on how India’s exports hit record highs whereas foreign investment in India reached record levels.

“Clearly, the world must trade with India and considers it a reliable partner inside the post-COVID world order,” the article browse.

India conjointly signed an economic cooperation and trade agreement with Australia, the primary trade treaty with a developed country for quite a decade. underneath this agreement, bilateral change products and services are anticipated to rise from $27 billion to $45 billion in 5 years.

In keeping with the treaty, Australia is providing zero-duty access to India for regarding 96.4 percent of exports from day one. India can take pleasure in advantageous market access provided by Australia on 100 percent of its tariff lines.

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Besides Australia, India has conjointly signed a trade treaty with UAE. As per the treaty, India can take pleasure in advantageous market access provided by the UAE on over 97 of its tariff lines.

‘India as a worldwide power’

The Narendra Modi government has been hailed for its efforts to safeguard the overseas Indians and Indian interests across the globe.
Be it the Operation Ganga that brought back 22,500 Indians from war-hit Ukraine to Vande India Mission underneath that the govt brought about Indians from foreign countries throughout the pandemic, India has earned accolades for its rescue and evacuation missions in times of distress.

‘Atmanirbhar Defence’

During the past eight years of Modi government in power, the defence sector has witnessed many reforms to secure the country’s borders.
There are many reforms to make sure a powerful domestic defence producing system. the govt has conjointly targeted making sure that India becomes a significant bourgeois of arms. “From fixing defence corridors to corporatising the ordnance factories to extend in FDI within the defence sector, several steps have helped within the pace of development,” PM Modi wrote.

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