The world economy is at a crossroads now, and we believe India needs to play a pivotal role in reshaping the economic order in the most equitable way. The Covid-19 pandemic has caused an economic disruption across the globe, from manufacturing to supply chain.
But this Government, under the leadership of Honourable Prime Minister Shri Narendra Modi, has espoused a pro-active approach, exploring every opportunity amid the pandemic to push the reform agenda more aggressively with a commitment to build a new India that offers a more open economic and social order where all of us have the equal opportunity to grow.
To bring the economy back on track, the Centre and Reserve Bank of India (RBI) have together provided total fiscal stimulus of Rs 29.87 lakh crore since the Covid-19 pandemic began. This is 15 percent of India’s gross domestic product (GDP).
Notwithstanding the Covid-19 pandemic, the government has initiated a series of reforms to promote Aatmnirbhar Bharat Abhiyan, a noble vision of Honourable Prime Minister to make India self-reliant and the world a better place to live. The momentum of economic reforms will continue and this along with tax incentives and other policies make India an attractive investment destination.
To achieve this, the government believes that, the nation needs more and more people venturing into entrepreneurship, from all sections of the society. Let there be millions of small and medium entrepreneurs to take our march forward. All of our policies, including Atmanirbhar Bharat and Stimulus Packages, are designed according to this vision.
As the global economic landscape is battered by grim headlines on protectionism, the need of the hour is to democratize entrepreneurship, and indeed, that is a major agenda of this government. As a brand new financial publication from Janmabhumi Group, I hope Business Voice should champion this vision of democratizing entrepreneurship and be a catalyst in the process of economic transformation by bringing out the success stories of regional entrepreneurs at all scales to the fore. I wish all the success for Business Voice in their journey to become the true voice of entrepreneurs.