Prime Minister Narendra Modi on Tuesday said India will definitely get its economic growth back as the government continues to pursue various reforms
Speaking at industry association CII’s annual session, he said the government has taken tough steps to fight the coronavirus pandemic and has also taken care of the economy
“On the one hand we have to safe lives of our people and on the other hand we have to stabilise the economy and speed up the economy,” he said
“Yes, we will definitely get our growth back,” he asserted
He said he gets the confidence from farmers, small businesses and entrepreneurs for getting the economic growth back
“Corona may have slowed our speed (of growth) but India has now moved ahead from lockdown with the phase one of unlock. Unlock Phase-1 has reopened a large part of the economy,” he said
He said intent, inclusion, investment, infrastructure and innovation are crucial for India to revert back to a high-growth trajectory
“For us, reforms are not any random or scattered decisions. For us reforms are systemic, planned, integrated, inter-connected and futuristic process,” he said
He further noted that “for us reforms mean courage to take decisions and taking them to logical conclusion.
The recent innovation in technology has reformed immensely and continues to reshape the retail & e-commerce industry. However, due to the unprecedented challenges, retailing has seen an immense shift in consumer behavior and is prevailing. Thereby, it becomes important for the retailers to meet the new user’s demands and strive to deliver an incredible shopping experience to the customers.