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India will be global leader in post-COVID economy: Union Minister Jitendra Singh

IANS
Updated: November 3rd, 2020, 22:13 IST
in National
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New Delhi: Union Minister Jitendra Singh said Tuesday that India will emerge as the global leader in post COVID-19 world economy. Interestingly, the remark comes on a day the BJP also held a press conference to reiterate the government’s promise of becoming a 5 trillion dollar economy by 2024.

“India will emerge as the global leader in the post Covid-19 world economy. The preemptive steps taken by the Indian government in enforcing earliest lock down saved many lives and further damage to the Indian economy. The lock-down period has taught us many lessons of life and this adversity has emerged as a virtue for us,” said the Union Minister of State of the PMO. He added that it will be made possible “under the able leadership” of Prime Minister Modi.

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He was speaking while after inaugurating a Webinar on “Economic Revival through Capital Markets post Covid-19” here on Tuesday.

The webinar was organised by the Institute of Company Secretaries of India.

Speaking about the role of India’s North-Eastern Region in the nation’s economy, Singh, who also heads the DONER Ministry, said that the North-Eastern Region will be one of the favourite business destinations of India post COVID-19 and bamboo is going to be the key pillar of the economic activities.

Describing bamboo as a silver lining in the dark clouds of tge pandemic, Singh said, it will help in shaping the economy of North East and entire country in the post-Covid era.

He added that the region is going to play a “very vital role in reviving the Indian economy” post COVID-19 and its development will work as a “new engine” to the economy. He also said that the N-E will emerge as an alternative to European tourist destinations after Covid-19.

He cited only few COVID-19 cases in the north- east region to be the reason.

Tags: Coronaviruscovid19EconomyJitendra Singhpandemic
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