“We have also made Doing Business cheaper. The implementation of GST and other measures of simplification of taxes have reduced transaction costs and made processes efficient. We have also made Doing Business Faster through digital processes and single point interfaces, India is now ready for business as never before. In the last four years, we have jumped 65 places in the Global Ranking of the World Bank’s Ease Of Doing Business report. But we are still not satisfied. I have asked my team to work harder so that India is in the top 50 next year, Institutions like the World Bank, IMF and Moody’s have shown confidence on India’s economy and the reforms taken in recent times , In India, our challenge now is to grow horizontally and vertically. Horizontally, we have to spread benefits of development to regions and communities that have lagged behind. Vertically, we have to meet enhanced expectations in terms of quality of life and quality of infrastructure, We are honoured by the presence of many Heads of State and Government and several other distinguished delegates. This shows that international bilateral cooperation is no longer limited to national capitals, but now extends to our state capitals as well. ”
Prime Minister Narendra Modi at the inauguration of the 9th edition of the Vibrant Gujarat Summit in Gandhinagar
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