Narendra Modi has said that reforms in agriculture and labour are far-reaching and send a big signal to investors.
Speaking to The Economic Times, the PM said the new labour codes are a win-win for both employer and employee. “It was often jokingly said that India had more labour laws than the labour in the formal sector. Labour laws often helped everyone except the labour,” he said while making a pitch for India to become a global manufacturing hub.
When asked about replacing China in the global supply chain, he said: “Our effort is not to become some country’s alternative, but to be a country which offers unique opportunities.”
In the first exclusive interview after the Covid-19 outbreak, Modi defined the approach of ‘New India’ in a fast-shaping new pandemic world order. The PM elaborated on how pre-emptive strategies like the lockdown helped save many lives; how the economy is on the road to recovery and why he is still optimistic of achieving the target of $5 trillion economy by 2024.
Read the full interview in The Economic Times Thursday morning.

In the first exclusive interview after the Covid-19 outbreak, Modi defined the approach of ‘New India’ in a fast-shaping new pandemic world order. The PM elaborated on how pre-emptive strategies like the lockdown helped save many lives; how the economy is on the road to recovery and why he is still optimistic of achieving the target of $5 trillion economy by 2024.