PM Modi has addressed the industry in an annual meet. Which organization is the host of this meet?
[A] Confederation of Indian Industry
[B] Associated Chambers of Commerce and Industry of India
[C] National Association of Software and Service Companies
Answers
A [Confederation of Indian Industry]
Notes:
Prime Minister Narendra Modi has addressed the industry on August 11, 2021 on the topic of government and businesses working together for a self-reliant. He spoke on the theme ‘India at 75: government and business working together for Aatmanirbhar Bharat,’ via video conferencing. The two-day annual meeting of the industry body, Confederation of Indian Industry (CII), has started on August 11, 2021. Theme of the PM’s address is the guiding principle for India to overcome the devastating impact of the second wave of Coronavirus pandemic. Union government, in its FY22 union budget, articulated a policy to calibrate its import policies and tariffs in order to encourage more value addition to local economy and to discourage import of finished products. Apart from that, global manufacturers are being encouraged to set up factories in India by means of production incentives. As per Government expectations, a strong push to manufacturing and infrastructure creation will help in stimulating economy as capital spending will have a multiplier effect.
Prime Minister Shri Narendra Modi addressed the Confederation of Indian Industry (CII) Annual Meeting 2021 today via video conferencing. The theme of the meeting is India@75: Government and Business working together for AatmaNirbhar Bharat. During the meeting, the industry leaders appreciated the Prime Minister’s commitment towards reforms in various sectors, in order to achieve the goal of a $5 trillion economy. Speaking on the theme of the meeting ‘India@75: Government and Business working together for AatmaNirbhar Bharat’, they gave inputs and suggestions to overcome infrastructural challenges, enhance manufacturing capacity, make the financial sector more vibrant, boost the technical prowess of India to attain a leadership position in the technology sector, among other things.