Home Muslim religion Global Investors Have Confidence in India’s Growth Story: President Kovind in His Address to Parliament | India News

Global Investors Have Confidence in India’s Growth Story: President Kovind in His Address to Parliament | India News

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NEW DELHI: President Ram Nath Kovind said on Monday that the influx of $48 billion in investment in the first seven months of the current fiscal year is a testament to the global investment community’s growing confidence in history of India’s growth and also praised the country’s handling of the Covid pandemic with a record number of vaccinations.
In his address to a joint session of Parliament, which is seen as the intention of the current government, the President gave a detailed account of the Centre’s initiatives aimed at empowering farmers and made specific mention of the emphasis by the government on women and girls. child belonging to the Muslim community.
“India has once again become one of the fastest growing economies in the world. GST collection has consistently remained above Rs 1 lakh crore over the past few months. first seven months of the current financial year is a testament to the confidence of the global investment community in India’s growth story,” Kovind said.
Mentioning that the government has started to liberate the society from the grossly arbitrary practice of triple talaq by making it a criminal offence, the President further said that the restrictions placed on Muslim women to perform Haj only with Mehram (male guardian) were also deleted.
“While approximately three million students from minority communities received scholarships before 2014, my government has provided scholarships to 4.5 million students since 2014. This has resulted in a significant reduction in the dropout rate Muslim girls and an increase in their enrollment,” he said.
Stressing that the government has made record purchases to match the record production, the president said the government is continuously working to empower farmers and the country’s rural economy. He said the United Nations has declared 2023 the International Year of Millet, which the government will celebrate on a large scale.
Referring to the Startup Intellectual Property Protection Scheme, he said the government has simplified and accelerated patent and trademark processes. “As a result, nearly 6,000 patents and more than 20,000 trademarks were filed this fiscal year,” he added.
Kovind said that the government is aware of the rapid development of drone technology and related opportunities and has notified the simplified drone rules 2021 and also launched a PLI program for the manufacture of drones and drone parts in the country. Speaking about India’s capability in the fight against Covid-19, the President said the country has already surpassed the record of administering over 150 crore vaccine doses in less than a year. “Today we are among the leading countries in the world with the highest doses of vaccines administered. The success of this campaign has given a shield to the country by providing enhanced protection to our citizens, while boosting their morale,” he said.