Increase exports to 400 billion US dollars this year: PM

New Delhi:
Prime Minister Narendra Modi said on Friday that the decision to remove retroactive tax regulations from the regulations shows that the center is committed to providing a stable investment environment and is consistent with policies. The statement was issued hours after Lok Sabha passed a bill aimed at ending tax disputes with 17 companies, including well-known companies such as Vodafone and Cairn Plc. The Prime Minister addressed Indian ambassadors from exporters, companies, states and overseas missions at an event to formulate a strategy to expand India’s exports to $ 400 billion this year. He said exporters are very clear about the stability of India’s exports. Importance. Speaking of the legislation, Modi said: “It sends a clear message to all investors that not only India offers new opportunities, but a decisive government is ready to deliver on its promises.” He also said the center is working closely with states to minimize the regulatory burden. While promising all possible government support to promote exports, Modi called on all stakeholders to play their role, and suggested that the state government and the Indian delegation work together to identify new products and market segments.