Business

Goyal asks industry to start working for post-COVID periods; says worst for economy is over

Goyal asks industry to start working for post-COVID periods; says worst for economy is over

TIL Desk/Business/New Delhi/ Commerce and Industry Minister Piyush Goyal on Wednesday asked the industry to start working for the post-COVID period with good ideas and firm implementation plans as worst for the economy is over and revival is in the air.

He said this while meeting industry and trade association through video conference. It was the fifth such meeting since the lockdown to assess the impact of COVID-19 pandemic and take note of their suggestions to put the economy back on track.

“…it would be better to be ready and start working for the post-COVID period, with good ideas, firm implementation plans, and to make India a world power,” he said. The minister said that “worst for the economy is over. Things are looking up, and revival is in the air”.

Expressing concern, he also said that India is still import dependent on several routine items like furniture, toys, and sports shoes despite the fact that the country has technical prowess as well as skilled manpower.

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