Indian economy rebounds strongly: MoS for external affairs V Muraleedharan

NEW YORK: India’s economy is rebounding strongly, domestic consumption is increasing and industrial production is at pre-Covid level, said Minister of State for Foreign Affairs V Muraleedharan, noting that the reforms implemented by the government have Boosted the business ecosystem of the country.
Muraleedharan said Narendra Modi’s government has undertaken “far-reaching” structural reforms, using the mantra “Reform, Perform and Transform”.
“These reforms range from digital transactions and banking reforms, to fighting corruption and controlling inflation. Now, over 90% of FDI approvals have gone through the automatic approval process. We promote an ecosystem of creativity and innovation in all areas. Said the minister.
Muraleedharan was in the city on a two-day visit to attend a UN Security Council high-level public debate on “Consolidating and keeping the peace” held under the Kenyan presidency of the Council at the start of last week.
Speaking at an event organized by Jaipur Foot USA and the Gracious Givers Foundation USA in the city, Muraleedharan said the reforms undertaken by the government are boosting the business ecosystem in India and the diaspora could play an important role in the process by mobilizing more investment and the contribution of technologies and skills in the country.
“We firmly believe that with the improvement of the ecosystem and better engagement with the diaspora, new ideas will germinate in the country,” he said.
“It is evident that the economy is rebounding strongly. Domestic consumption is increasing and industrial production is at the pre-Covid level,” he said.
Muraleedharan told the gathering of prominent members of the Indo-American community and the Diaspora that India is now moving towards “Atmanirbhar Bharat” (Autonomous India).
“When we say ‘Atmanirbhar Bharat’ it does not mean an introverted policy. It is a strategy that would enable and lead us towards a more self-reliant and stronger India, connecting global supply chains,” he said. he declares.
He noted that to give new impetus to the manufacturing sector, the government has approved production-related incentive programs in 10 key sectors to boost the economy affected by the Covid-19 pandemic.
Muraleedharan also praised the work done by Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS) and Jaipur Foot USA. “The organization’s transformative service to the underprivileged for free deserves special mention,” he said.
The Minister added that the Jaipur Foot camps have helped change the lives of many people, not only in India but around the world, from Asia to Africa to Latin America.
“It is a question of satisfaction and pride” that within the framework of the India for Humanity initiative launched within the framework of Mahatma GandhiCelebrating the 150th anniversary of the birth of, numerous artificial limb fitness camps fully sponsored by the Ministry of Foreign Affairs and operationalized by the BMVSS have been organized in 13 countries and more than 7,000 artificial limbs have been installed.
He added that it is encouraging to see that the younger generation in the United States has joined the social campaign as well. He congratulated Nikhil Mehta and Ajay Tadinada for their efforts in launching the “Oxygen on Wheels” initiative reaching the doors of people with disabilities in remote places amid the pandemic.
On this occasion, Muraleedharan presented leadership awards to Mehta and Tadinada.
Amid the Covid-19 pandemic, Jaipur Foot USA continued its efforts to provide artificial limb prostheses free of charge to people with disabilities through a specially designed mobile van. Jaipur Foot USA President Prem Bhandari said the fully equipped mobile van has technicians and experts who will be able to perform 8-10 artificial limb adjustments every day. New York-based young Nikhil Mehta had come up with the idea of ​​mobile vans.
Tadinada, who is part of Jaipur Foot’s youth wing, first met BMVSS founder Padma Bhushan DR Mehta when he was in grade 9, and was inspired by his work. As part of the Jaipur Foot USA Youth Initiative, he launched a Youth Internship Program to work with Jaipur Foot USA initiatives to help people with disabilities in India.
Muraleedharan added that the unprecedented Covid-19 pandemic has taught the world that in an interdependent and interconnected world, no country, rich or poor, is immune from the effects of global disasters.
The Modi government has taken all necessary measures to combat the pandemic, he said.
Modi’s “Test, Track, Treat and Tikka” mantra, implementing various programs to benefit the poor, providing food grains to over 80 million people until Diwali this year, are all in line with the efforts of the government to minimize the impact of the pandemic, ”he said.
A meeting of Jan Ashirwaad Abhar was also organized on this occasion. Jaipur Foot USA President Prem Bhandari said India, with a population of over 1.3 billion, has a greater need for vaccines and other drugs needed to deal with Covid and stop the spread of the virus. Yet India has helped neighboring countries, Africa and South America, with an open heart by providing millions of vaccines and other drugs related to Covid.

Shirlene J. Manley