TIL Desk/Business/Coimbatore-The entire world is looking towards India for investment due to the present conducive atmosphere in the country, Union Minister Venkaiah Naidu said. India is the bright spot with its economy growing at 7.4 per cent to 7.6 per cent, even as the global economy remained static and China’s growth rate stood at 6.9 per cent, he said inaugurating a mobile app for Coir industry at the 4th Edition of India International Coir Fair here.
This success cannot be attributed to BJP or Prime Minister Narendra Modi alone but thousands of others who were behind them in changing the policy directions, reducing regulations, bringing in “reform to perform and transform the country”, he added.
Listing out various pro-farmer initiatives taken up by the NDA government, Naidu said Modi had set up a ‘Pulses Commission’ under Chief Economic Advisor Arvind Subramanian to carry out a study to boost production of pulses and increased the minimum support price for pulses by Rs 200 last year and again by Rs 450 this year in order to encourage farmers to cultivate them.
