Spread the good word about transformation in India, Piyush Goyal tells diaspora
SAN FRANCISCO, Sep 8 (The CONNECT) – While undertaking a transformation, the Narendra Modi Government is trying to move away from red tapism, Union Commerce and Industry Minister Piyush Goyal said.
“Old ways of working are giving way to technology and transparency in a big way, bringing in honesty in the system,” Goyal said yesyerday speaking at the luncheon engagement with Indian diaspora here.
The Government of India is trying to look at every single opportunity to make a conducive business environment. The approach of the government is based on more proactive engagement with people on ground, bringing in greater degree of policy certainty and predictability and making regulatory processes more aligned to what is happening in developed economies, he explained.
Referring to the unique positioning of the Indian diaspora serving as the connect between India and abroad, Goyal called upon them to convey to the world about the tremendous business opportunities that India, a country of 1.3 billion aspirational market, offers.
He observed that a lot of the start-up ideas that are developed in India have the cosy comfort of a large domestic market and may not have engaged with the rest of the world as much as they could. Goyal, therefore, emphasised on the need to have increased opportunities for our Indian Startup ideas to reach out to the global market and added that there can be no better place than Silicon Valley to go global.
“We need to engage with the world otherwise we will miss the bus,” he pointed out.
The Minister said the Government is playing a role of facilitator between Indian Start ups and Investors based in the US, and urged them to connect with each other to take this dialogue to a new level.
The Amrit Kaal till 2047 when we celebrate 100 years of India’s Independence, Goyal said, is going to be the defining period of India’s journey towards becoming a developed nation and bringing prosperity to every single person residing in India.
The Indian diaspora has a very important role to play in this journey because they recognise talent, new ideas and innovation, guide and support and finance them. Looking forward to continuous effort and engagement to bridge India and the United States in terms of businesses and people to people contact, he added.