Union minister for Food and Consumer affairs, Piyush Goyal has said farm laws laws will open up new opportunities to do trade, commerce & business for the farmers without changing the past systems, addressing the FICCI's Annual convention. He urged the FICCI associated business leaders and intellectuals to talk about the benefits of the farm laws, as these laws are for the benefit of all farmers across the country.
Minister who described startups as the backbone of new India, Goyal said that Startups & the ecosystem of Startups are encouraging innovation and promoting & strengthening new & young entrepreneurs. He urged the Indian industry to support the startups, by providing them financial support, handholding, opportunities and mentorship so that they can grow, without resorting to dilution of their stakes to foreign companies at very low valuations at the initial stage itself.
He also said that the Indian brands should prove to the world that it is of superior quality. Goyal said that scale of manufacturing, coupled with quality & productivity, can truly make India competitive in several sectors & help move towards an Aatmanirbhar Bharat which is going to be an important building block of New India. He informed that the government will identify areas where we are rich in competitive & comparative advantages, where we can become global players & contribute to global trade in a bigger way.
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