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Piyush Goyal Said – Signs Of Improvement In The Economy, Know How Much Jump In Fdi And Exports

Business Desk, Amar Ujala, New Delhi

Published by: Deepak Chaturvedi
Updated Sat, 13 Nov 2021 09:48 AM IST

Summary

Economy: It is clear from many indicators like increasing exports and inflow of foreign direct investment (FDI) in the country that the country’s economy is moving on the right track.

Commerce and Industry Minister Piyush Goyal said on Friday that the Indian economy has started filling up again. It is clear from many indicators like increasing exports and foreign direct investment (FDI) inflow into the country that the country’s economy is on the right track. Goyal said that during April-October in the current financial year, the export of goods has reached $ 232 billion.

FDI inflows up 62 per cent
In his address, the Industries Minister said that in the first four months of the current financial year, the total FDI inflow has increased by 62 per cent. Along with this, there has also been an increase in employment in October as compared to the same month last year. While the manufacturing PMI rose to 55.9, the services PMI reached a decade high of 58.4.

change in global sentiments
Piyush Goyal said these things while addressing a program through video conferencing. He said that due to all these factors and due to the pace of investment, there has been a change in global sentiments as well. Global sentiments are changing from Why India to Now Not India.

Expansion

Commerce and Industry Minister Piyush Goyal said on Friday that the Indian economy has started filling up again. It is clear from many indicators like increasing exports and foreign direct investment (FDI) inflow into the country that the country’s economy is on the right track. Goyal said that during April-October in the current financial year, the export of goods has reached $ 232 billion.

FDI inflows up 62 per cent

In his address, the Industries Minister said that in the first four months of the current financial year, the total FDI inflow has increased by 62 per cent. Along with this, there has also been an increase in employment in October as compared to the same month last year. While the manufacturing PMI rose to 55.9, the services PMI reached a decade high of 58.4.

change in global sentiments

Piyush Goyal said these things while addressing a program through video conferencing. He said that due to all these factors and due to the pace of investment, there has been a change in global sentiments as well. Global sentiments are changing from Why India to Now Not India.

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