India enjoys the confidence of the world today, the Commerce & Industry Minister said

Asserting that the world now sees India as an engine of economic growth, Union Commerce and Industry Minister Piyush Goyal has said that developed countries were very keen to sign trade deals.

India enjoyed the confidence of the world today, Goyal stressed while addressing traders at the Vyapari Udyami Sammelan in New Delhi on Tuesday.

He added that before 2014, Indian economy was considered to be fragile and investors had their doubts about doing business with India.

Discussing the need for transparency and ease of doing business, the Minister assured traders and entrepreneurs that the Government will fully support traders who raise their voice against harassment by any authority

Goyal called upon traders to work with the Government to reduce compliance burden of people and businesses, but asked that they strictly follow ethical trade practices. Unnecessary, cumbersome and counter-productive laws and regulations must be uprooted to improve ease of doing business, he added.

He asked traders to give priority to the quality of goods and services that India offered. He also underscored the need to encourage youngsters to come forward and lend a youthful energy to India’s growth story with new ideas.

The Commerce and Industry Minister asked all traders, entrepreneurs, and businesses, both big and small, to take a collective resolve to work together to take forward the dream of a self-reliant India by promoting more and more Indian products.