New Delhi, March 2: Prime Minister Narendra Modi stated on Monday that the government is enhancing the ease of doing business across all sectors, from modernizing the tax system to bankruptcy reforms.
Speaking at the India-Canada CEO Forum, PM Modi emphasized, “India is currently among the fastest-growing economies in the world. This is due to strong domestic demand, a young population, significant investments, and rapid digitalization. It is the result of our reform express.”
He further noted, “From policy simplification to Production-Linked Incentives (PLI), and from logistics modernization to tax and bankruptcy reforms, we are strengthening the ease of doing BUSINESS in every sector.”
Addressing the CEOs from both countries, PM Modi remarked that while the governments can create frameworks, the actual implementation lies in their hands.
He highlighted that the combined economies of both nations exceed $6 trillion, and their true strength lies in shared objectives.
PM Modi suggested that clean energy should be a priority for both countries. He announced a partnership in the nuclear energy sector today.
India and Canada have signed a $2.6 billion uranium deal, which is seen as a milestone in their economic partnership. This agreement will help India secure a long-term supply of fuel for its civilian nuclear energy program.
Both leaders agreed that this deal will strengthen collaboration in the field of clean and reliable energy. They also reached an agreement to work together on new technologies such as small modular reactors and advanced nuclear reactors.
In addition to the uranium agreement, India and Canada decided to expedite negotiations on a Comprehensive Economic Partnership Agreement (CEPA).
Author Profile
- My name is Ganpat Singh Choughan. I am an experienced content writer with 7 years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
Latest entries
NationalMarch 2, 2026Nationwide HPV Vaccination Campaign Launched in Ajmer, Students Share Memorable Experience
BUSINESSMarch 2, 2026PM Modi Highlights Government Efforts to Enhance Ease of Doing Business
NationalMarch 2, 2026Gujarat Urban Development Mission to Receive Best Community Impact Project Award
Politics, NationalMarch 2, 2026Rahul Gandhi Engages in PAC Meeting in Telangana Amid Upcoming Rajya Sabha Elections
Follow Us on WhatsApp
Leave a Comment