India UK FTA: India-UK Free Trade Agreement will come into effect from July 15, Piyush Goyal made a big announcement

Piyush Goyal On India UK FTA : On the occasion of completion of 12 years of the Central Government, Union Commerce and Industry Minister Piyush Goyal, while counting India’s trade achievements, made a big announcement that the India-United Kingdom (UK) Free Trade Agreement (FTA) is going to be implemented from July 15. He said that under the leadership of Prime Minister Narendra Modi, India has signed 9 historic free trade agreements in the last 12 years, through which the markets of 38 developed countries have opened up for Indian products.

This has boosted exports as well as created new opportunities for farmers, entrepreneurs, fishermen and business women. Goyal said that despite global challenges, India has shown economic strength and today the country is making a strong identity in global trade with self-reliance. He expressed confidence that the India-UK FTA will give a new impetus to the Indian economy in the times to come.

Achievements of 9 trade agreements counted

Minister Piyush Goyal said, ‘Under the leadership of Prime Minister Modi, India has signed 9 historic Free Trade Agreements (FTAs), through which it has got access to the markets of 38 developed countries. “He said that this has opened up new global markets for Indian products, increased employment opportunities and created new business avenues especially for Indian entrepreneurs, farmers, fishermen and women businessmen.

India-UK FTA will come into effect from July 15

Goyal further said that the bilateral talks held during Prime Minister Modi’s recent visit to France and the India-UK FTA coming into effect from July 15 will bring huge positive results for the Indian economy in the near future.

Received highest honor from 33 countries

Referring to the global popularity of Prime Minister Modi, the Union Minister said that 33 countries of the world have honored him with their highest civilian honour. These include many developed countries and nations with whom India did not previously have very close diplomatic relations.

Referring to the work done within the country, Goyal said that the basic thinking of the government has been to extend the benefits of schemes to the last person without any discrimination, in which digital technology has played an important role.

Modi government counted business achievements

He also mentioned several major achievements made in the field of social security and infrastructure. He said, ‘More than 55 crore bank accounts have been opened under Jan Dhan Yojana, out of which more than 32 crore accounts are in the name of women. More than 81 crore people are being continuously given free ration since the start of the Covid-19 pandemic.

More than 60 crore health cards have been issued under the Ayushman Bharat scheme, due to which the needy people are getting free treatment. Under the Pradhan Mantri Suraksha Bima Yojana, more than 58 crore people have been provided security cover.”

Revolutionary change in the field of cleanliness

Goyal further said that more than 4 crore pucca houses have been provided under the Pradhan Mantri Awas Yojana. Through the Ujjwala scheme, 11 crore women have got relief from smoke and under the Swachh Bharat Mission, a revolutionary change has been brought in the field of sanitation by constructing more than 12 crore toilets.

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Goal of making developed India in 2047

At the end of his address, the Union Minister said that the resolution of building a developed India by the year 2047 is the collective goal of 140 crore Indians and this remains the guiding mission for the Central Government. He also said that the internal security of the country has been significantly strengthened. Decisive action has been taken against terrorism and success has also been achieved in connecting the youth of erstwhile Maoist affected areas with the mainstream.

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