Sustainable development will further enhance the scale and speed of growth in the years to come, the commerce and industry minister said.(PTI)
Sustainable development will further enhance the scale and speed of growth in the years to come, the commerce and industry minister said.(PTI)

Sustainability an important decision-making factor in govt, corporate world: Piyush Goyal

Goyal further said the present situation provides a unique opportunity to redesign, reinvent and realign various practices and processes.
By Press Trust of India | Posted by Srivatsan K C | New Delhi
PUBLISHED ON DEC 17, 2020 06:58 PM IST

Sustainability has become an important element of decision-making both in the government and the corporate sector of the country, Union Minister Piyush Goyal said on Thursday. Sustainable development will further enhance the scale and speed of growth in the years to come, the commerce and industry minister said.

He was addressing a virtual international conference organised by the Institute of Chartered Accountants of India (ICAI).

Goyal further said the present situation provides a unique opportunity to redesign, reinvent and realign various practices and processes.

“While doing so, sustainability is the restrain that must guide our plans, decisions and actions for the future,” Goyal emphasised.  

Under the mission of ‘Aatmanirbhar Bharat’, India is progressing rapidly to become a hub of manufacturing and expand its role in the global economy, he said. This is not possible without strengthening the ecosystem of MSMEs, the minister noted.

“India is going through a series of radical reforms which is changing our mindset to alleviate our actions, ambition and aims,” Goyal said.

Echoing the views, Minister of State for Finance Anurag Singh Thakur said, “Prime Minister Narendra Modi’s economic strategy of Aatmanirbhar Bharat is not only aimed at self-reliance but also sustainability across sectors.”

In 2014, when the Modi government came to power for the first time, it inherited an economy which was part of the ‘Fragile Five’ global economies and foreign investors were pulling out funds from India, he said.

“However, in the last six years, we have consistently introduced reforms that have brought about significant change and now all indicators from inflation to fiscal deficit, from forex reserves to current account deficit, from GDP growth to financial inclusion, all point to very stable and sustainable economic position,” Thakur added.

He further noted that a digital highway has been laid for growth of the banking and financial sector by taking up the task of connecting India’s 6 lakh villages with optical fibre network.

“In the past three years, 1.5 lakh gram panchayats have already been connected and rest of the 1 lakh gram panchayats will be connected within next 12 months,” Thakur said.

India can achieve double-digit growth through a healthy mix of digital services and manufacturing base expansion in the times ahead, he added.

SHARE THIS ARTICLE ON
Close
A Kashmiri boy walks homeward after attending private classes, after a brief spell of fresh snowfall in the outskirts of Srinagar Indian controlled Kashmir, Saturday, Feb. 27, 2021. (AP Photo/ Dar Yasin)(AP)
A Kashmiri boy walks homeward after attending private classes, after a brief spell of fresh snowfall in the outskirts of Srinagar Indian controlled Kashmir, Saturday, Feb. 27, 2021. (AP Photo/ Dar Yasin)(AP)

News updates from HT: IMD predicts rain, snow in western Himalayan region

By hindustantimes.com, Hindustan Times, New Delhi
PUBLISHED ON MAR 09, 2021 09:02 AM IST
Here are today’s top news, analysis and opinion. Know all about the latest news and other news updates from Hindustan Times.
Close
Rohtak has seen a steep rise in crime, particularly murders. The district has reported 14 murders this year against last year’s nine in the same time period. (AFP)
Rohtak has seen a steep rise in crime, particularly murders. The district has reported 14 murders this year against last year’s nine in the same time period. (AFP)

Missing woman's body, chopped into pieces, found in Jharkhand

PTI
PUBLISHED ON MAR 09, 2021 08:43 AM IST
The body, identified as that of Sona Marandi who was missing since February 24, was recovered from the bank of Bansloi river near Rangatola under Amrapara police station area.
Close
Kerala chief minister Pinarayi Vijayan.(ANI)
Kerala chief minister Pinarayi Vijayan.(ANI)

‘No lesson needed from Amit Shah’: Kerala CM’s retort to home minister

By Ramesh Babu, Thiruvananthapuram
PUBLISHED ON MAR 09, 2021 08:31 AM IST
  • Amit Shah had earlier hit out at Vijayan, saying the Kerala CM had no moral right to continue in power after ED pointed to a statement alleging his involvement in the gold smuggling case.
Close
Representational Image. (File photo)
Representational Image. (File photo)

Rain, snow predicted in western Himalayan region for next few days: IMD

By HT Correspondent | Edited by Smriti Sinha
UPDATED ON MAR 09, 2021 08:11 AM IST
A Western Disturbance is lying as a cyclonic circulation over north Pakistan and neighbourhood and an induced cyclonic circulation is lying over Punjab, according to India Meteorological Department
Close
The fire broke out at the 13th floor of a multi-storeyed building in Kolkata, on Monday evening.(PTI Photo)
The fire broke out at the 13th floor of a multi-storeyed building in Kolkata, on Monday evening.(PTI Photo)

Kolkata fire: Mamata says no one from railways was present, officials deny claim

By hindustantimes.com | Edited by Amit Chaturvedi
UPDATED ON MAR 09, 2021 08:52 AM IST
The fire broke out on the 13th floor of New Koilaghat building on Strand Road at around 6.10 pm, and was brought under control a few hours later, according to West Bengal's fire and emergency services minister Sujit Basu.
Close
A health worker collects a swab sample for a Covid-19 test at Anand Vihar Bus Terminal, in New Delhi, India,( Photo by Raj K Raj/ Hindustan Times)
A health worker collects a swab sample for a Covid-19 test at Anand Vihar Bus Terminal, in New Delhi, India,( Photo by Raj K Raj/ Hindustan Times)

LIVE: China reports 8 new Covid-19 cases in last 24 hours

UPDATED ON MAR 09, 2021 08:19 AM IST
Globally, the coronavirus case tally has reached over 117 million with the death toll about to cross 2.6 million mark, as per the John Hopkins University coronavirus tracker.
Women farmer's shout slogans on the occasion of International Women Day during a protest against the new farm laws at Singhu Border, in New Delhi on Monday. (ANI Photo)
Women farmer's shout slogans on the occasion of International Women Day during a protest against the new farm laws at Singhu Border, in New Delhi on Monday. (ANI Photo)

LIVE: Lakhs of farmers will reach Parliament, if needed, says Tikait

By hindustantimes.com, New Delhi
UPDATED ON MAR 09, 2021 08:49 AM IST
  • Bharatiya Kisan Union leader Rakesh Singh Tikait warned that if needed, their tractors would reach the Parliament to press the government for the repeal of contentious farm laws.
The bridge has been named ‘Maitri Setu’ to symbolise growing bilateral relations and friendly ties between India and Bangladesh, the PMO statement read.(PTI)
The bridge has been named ‘Maitri Setu’ to symbolise growing bilateral relations and friendly ties between India and Bangladesh, the PMO statement read.(PTI)

PM Modi to inaugurate ‘Maitri Setu’, several development projects today

By hindustantimes.com | Edited by Arpan Rai, New Delhi
PUBLISHED ON MAR 09, 2021 07:13 AM IST
The bridge has been built over Feni river which flows between Indian boundary in Tripura and Bangladesh, and has been named ‘Maitri Setu’ to symbolise growing bilateral relations and friendly ties between India and Bangladesh.
Close
The Delhi Police have issued a non-bailable warrant against Nikita Jacob.(@nikitajacob/Twitter )
The Delhi Police have issued a non-bailable warrant against Nikita Jacob.(@nikitajacob/Twitter )

Delhi court to hear Nikita Jacob, Shantanu Muluk's anticipatory bail plea

By hindustantimes.com | Edited by Shivani, Hindustan Times
UPDATED ON MAR 09, 2021 07:13 AM IST
Delhi Police are investigating a case related to the social media toolkit and Jacob has been accused of helping edit the document.
Close
Analysts say Indo-French naval cooperation will further deepen when French navy ships pay a visit to Kochi port in March. Photo courtesy: French ministry of armed forces(Photo courtesy: French ministry of armed forces)
Analysts say Indo-French naval cooperation will further deepen when French navy ships pay a visit to Kochi port in March. Photo courtesy: French ministry of armed forces(Photo courtesy: French ministry of armed forces)

Quad, France and UAE join hands in 2 naval exercises to dominate Indo-Pacific

By Shishir Gupta, New Delhi
PUBLISHED ON MAR 09, 2021 07:00 AM IST
  • French foreign minister Jean-Yves Le Drian and finance minister Bruno Le Maire will be in Delhi next month while IAF chief Air Chief Marshal RKS Bhadauria will be in France. At least 8 Rafale fighters will leave for India through mid-air refuelling by UAE between April 19 and April 23.
Close
Immigrants walk across the Gateway International Bridge into Mexico after being sent out of Texas by US. (AFP)
Immigrants walk across the Gateway International Bridge into Mexico after being sent out of Texas by US. (AFP)

Undocumented Indian immigrants hold USD15.5 billion in spending power

PTI, Washington
PUBLISHED ON MAR 09, 2021 05:48 AM IST
There are 4.2 million immigrants from Mexico who lack documentation. Together, they make up more than 40.8 percent of the 10.3 million undocumented immigrants in the United States.
Close
Chief principal secretary to the CM, K Kailashnathan, respectively, to oversee the re-development of the iconic Sabarmati Ashram and its precincts.(AP/Ajit Solanki)
Chief principal secretary to the CM, K Kailashnathan, respectively, to oversee the re-development of the iconic Sabarmati Ashram and its precincts.(AP/Ajit Solanki)

Gujarat CM, his aide in charge of Gandhi ashram revamp panel

By Darshan Desai, Ahmedabad
UPDATED ON MAR 09, 2021 06:26 AM IST
  • The order also said that Kailashnathan will head an executive council set up for the purpose,
Close
Addressing all the national officials of the Youth Congress, Rahul Gandhi hailed the workers as the “real power” of the party(ANI Photo)
Addressing all the national officials of the Youth Congress, Rahul Gandhi hailed the workers as the “real power” of the party(ANI Photo)

Help raise voice of the weak: Rahul to cadres

By Saubhadra Chatterji, New Delhi
PUBLISHED ON MAR 09, 2021 04:57 AM IST
  • Congress is like an ocean, Gandhi said in the national executive meeting of the IYC, and if anyone wants to return can be allowed to do so.
Close
Narendra Modi.(PTI)
Narendra Modi.(PTI)

PM to visit Bangladesh on March 26

By Shishir Gupta, New Delhi
UPDATED ON MAR 09, 2021 06:27 AM IST
  • The two-day trip to Dhaka will be Modi’s first foreign visit in 15 months
Close
Lok Sabha Speaker Om Birla conducts proceedings during the second part of the Budget session on Monday. PTI
Lok Sabha Speaker Om Birla conducts proceedings during the second part of the Budget session on Monday. PTI

Rising fuel prices rock Parliament

By HT Correspondent, New Delhi
PUBLISHED ON MAR 09, 2021 04:29 AM IST
  • Parties urge Speaker, Chairman to reduce sessions amid polls; both Houses to begin at 11 am from Tuesday
Close
SHARE
Story Saved
OPEN APP