{"id":82660,"date":"2023-01-11T12:17:00","date_gmt":"2023-01-11T06:47:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=82660"},"modified":"2023-01-11T12:16:01","modified_gmt":"2023-01-11T06:46:01","slug":"mp-investors-summit-pm-economy","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/mp-investors-summit-pm-economy\/","title":{"rendered":"IMF sees India as &#8216;bright spot&#8217; in global economy, says PM Modi; lauds country&#8217;s strong macroeconomic fundamentals"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-22204749\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Prime Minister Narendra Modi Wednesday said the International Monetary Fund (IMF) sees India as a &#8220;bright spot&#8221; in the global economy and according to the World Bank, India is in a better position to deal with the global headwinds than many other countries.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3327450201\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>This is because of India\u2019s strong &#8220;macroeconomic fundamentals&#8221;, Modi said while virtually addressing the inaugural function of the 7th edition of \u201cInvest Madhya Pradesh-Global Investors Summit\u201d in Indore.<\/p><p>The theme of the two-day summit is &#8216;Madhya Pradesh-The Future Ready State&#8217;.<\/p><p>Modi said the optimism for India is driven by its strong democracy, young demography and political stability. Due to these, India is taking decisions that boost the ease of living and ease of doing business, he said.<\/p><div class=\"trade-content_5\" id=\"trade-959311983\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>\u201cThe IMF sees India as a bright spot in the global economy while the World Bank says India is in a better position to deal with global headwinds than many other countries,\u201d Modi said.<\/p><p>&#8220;When we talk about a developed India, it is not just our expression but it is the resolve of every Indian,&#8221; he said.<\/p><p>India has been on the path of &#8220;reform, transform and perform&#8221; since 2014, the PM said.<\/p><p>The Atmanirbhar Bharat Abhiyan has imparted greater momentum to it. As a result, India has become an attractive destination for investment, he said.<\/p><p>&#8220;In eight years, we have doubled the speed of construction of national highways. During this period, the number of operational airports in India has doubled. India&#8217;s port handling capacity and port turnaround have improved phenomenally,&#8221; he said.<\/p><p>The Organisation for Economic Co-operation and Development (OECD) has said India will be among the fastest growing economies in the G20 group this year, he noted.<\/p><div class=\"trade-content-10\" id=\"trade-4247372989\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>According to Morgan Stanley, India is moving towards becoming the world\u2019s third largest economy in the next 4-5 years, while the CEO of McKinsey has said this is not only India\u2019s decade, but India\u2019s century, the PM added.<\/p><p>The key objectives of the Global Investors Summit are &#8211; showcasing industrial ecosystem of the state, promoting the state policies, consultation with industrial organisations to formulate industry-friendly policies, collaboration opportunities, promoting export potential and buyer-seller meets and vendor development, an official earlier said. PTI MAS ADU GK GK<\/p><div class=\"trade-after-content\" id=\"trade-4005538489\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Prime Minister Narendra Modi Wednesday said the International Monetary Fund (IMF) sees India as a &#8220;bright spot&#8221; in the global economy and according to the World Bank, India is in a better position to deal with the global headwinds than many other countries. This is because of India\u2019s strong &#8220;macroeconomic fundamentals&#8221;, Modi said while virtually [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":82663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1697,31],"tags":[],"class_list":["post-82660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IMF sees India as &#039;bright spot&#039; in global economy, says PM Modi; lauds country&#039;s strong macroeconomic fundamentals - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Prime Minister Narendra Modi Wednesday said the International Monetary Fund (IMF) sees India as a &quot;bright spot&quot; 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