New Delhi, Feb 14 (FN Bureau) India, in the post-Covid era has become the fastest growing economy, attaining 30.6 per cent of the GDP growth, which is still a challenging concept for many other countries, stated Union Minister of Labour and Employment and Environment, Forests & Climate Change, Bhupender Yadav. Speaking at the Indian Chamber of Commerce (ICC) -organised interactive session “Vision East- Green Initiatives led Growth & Employment” here on Tuesday, Yadav said, “ Commenting on the initiative by the central government towards strengthening the economy, Chief Guest, Hon’ble Minister, Ministry of Labour and Employment and Environment, Forests & Climate Change, Govt. of India, Bhupender Yadav, said, “ India, in the post-Covid era has become the fastest growing economy, attaining 30.6 per cent of the GDP growth, which is still a challenging concept for many other countries.
“The Indian economy has strengthened due to the ease of doing business and the rapid growth of the unorganised sector and MSMEs. According to last year’s government initiative, 39,000 unnecessary compliances were removed, along with several legislative reforms, “ he added. “ The Union Budget 2023 promotes a technology- and knowledge driven economy. The budget is based on the seven principles, which emphasise inclusive development, reaching the last line, youth power, the financial sector, infrastructural investment, unleashing the potential, and green growth. The development model implemented under our Prime Minister Narendra Modi’s visionary leadership has been an exemplary development model.
This model reflects the vision of Sabka Saath, Sabka Vikash, and Sabka Prayas, which is why this green initiative and new innovations have been taken into account. The government is working on our culture and various spectrums for our country at the same time, such as the new Vishwakarma Kaushal Yojna, contribution for strengthening women’s self-help groups and creating a single district for product promotion. These are several unique ideas introduced by the government that will help the country fulfil its necessary requirements in the development spectrum.” Speaking about the session, Director General, ICC, Dr Rajeev Singh, said,” Our honourable chief guest has been working to solve relevant environmental issues by taking full authority, starting from the ground level. The green initiative as discussed in the budget has shown us a clear path to work on reducing carbon emissions and climate change that would eventually lead to sustainable development for our country.”
Commenting on theme of the session, President, ICC and MD & Group CEO Tega Industries Ltd, Mehul Mohanka, said, “As we all know, the effects of climate change are no longer a prediction of the future but today’s reality, as we have been affected by droughts, frequent cyclones, and prolonged heat waves, among others. Climate change has been a major topic of discussion and action not only in our country but throughout the G20 summit. The budget prioritised energy transition and climate action. To that end, India has taken some noteworthy initiatives. Green growth was recorded as one of the Saptarshi which reflects the government’s commitment to achieving net zero carbon emissions by 2030 and aligned climate growth.” Director, M/s Encore Natural Polymer Pvt Ltd, Sudhir A. Merchant, said, “I would like to appreciate the government’s initiative to go green as this would have a meaningful impact on the growth of our country across the world. We all must give our inputs to make this initiative successful.”