Prime Minister urges to reduce imports and increase exports

State leaders were asked by Prime Minister Narendra Modi to concentrate on lowering imports and raising exports, find possibilities, and promote the usage of locally produced items as much as possible. He reiterated his demand to “vocalise for local” as the trade deficit and concerns about the growing current account deficit grew.
Despite the fact that GST revenues have increased, Modi remarked during the seventh meeting of the Niti Aayog’s governing council on Sunday that this may still be done. According to Modi, India’s 2023 G20 presidency would be a special chance to demonstrate that the nation extends beyond Delhi to include all 50 states and the UT. For optimal advantage, he urged governments to form specialised G20 teams.

By Subhechcha Ganguly