Monday, September 7, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP InternationalTrade Show
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP InternationalTrade Show
Fiinews
No Result
View All Result
Home Banking & Finance

Goyal calls for positive approach to ‘New India’

Fiinews by Fiinews
October 7, 2017
in Banking & Finance, Economy, Industry Sectors, Investment, Technology, US
Reading Time: 2 mins read
A A
0
0
SHARES
11
VIEWS
LinkedinShare on Twitter

Avoid disruptive sensationalism, says the Minister

Piyush Goyal.

Minister of Railways and Coal, Piyush Goyal has called for a positive and constructive approach for the economically-powered ‘New India’.

“A positive and constructive approach based on outcomes, wherein our collective energy is channelized towards doing good for the country, is imperative while envisioning a narrative of a New India where growth and prosperity would be assured for one and all,” said Goyal.

At the same time, disruptive sensationalism, which leads to a deviation from the path, should be avoided, he said at the ‘India Economic Summit’ organized by the World Economic Forum and the Confederation of Indian Industry (CII) at New Delhi on 6 October 2017.

While emphasizing on citizen partnership for building a New India, Goyal underpinned the need of a whistleblower for reporting the distortions in the system which would help create a level playing field for all stakeholders.

He said that changing the L1 system of tendering has its advantages and is not easy to do away with. To prevent frivolous participation in bids, there is need for putting in place strict technical specifications and then open the tender for financial bidding.

The Minister did not agree with reports that domain expertise was essential to excel in a field and agreed that more women should be appointed as independent directors on the Board of Companies.

Further, he underscored the importance of public private partnership in undertaking social programmes like building toilets.

Ajay S Banga, President and Chief Executive Officer, Mastercard, USA; International Business Council called for a change in L1 mindset within the government.

On jobs, he said that tourism has the potential to create one million additional jobs in the next 1-2 years.

“For this, we need to selectively identify 10-15 destinations and work on them in terms of creating the necessary infrastructure, ensure safety, effect mindset change etc. The success story could then be replicated in other areas,” said Banga.

Banga called upon both the public and private sector to come together and leverage their strengths to create a New India. fii-news.com

Tags: MasterCardMinister of Railways and Coal
ShareTweetShare

Related Posts

KRAFTON
Investment

Invest: KRAFTON reaffirms commitment to India

by Fiinews
September 5, 2026
0
13

Unicorn Growth Fund to support high-potential startups and accelerate development of India's next generation leaders KRAFTON Inc Chairman Byung Gyu...

Antwerp Port
Investment

Invest: Belgium PM highlights trade opportunities

by Fiinews
September 5, 2026
0
19

Port of Antwerp-Bruges important logistical link between India and Europe Prime Minister of Belgium Bart De Wever said the India–European...

CreditAccess

Invest: CreditAccess raises Rs.300cr from Barclays

September 5, 2026
18
JCR

Invest: JCR upgrades India’s rating one notch

September 4, 2026
16
IFSCA

Invest: GIFT IFSC emerges as Int banking hub

September 4, 2026
15
SOLIZE Partners.

Tech: SOLIZE inaugurates Bengaluru AI Lab

September 3, 2026
20
SBI YONO
Upits 2026 brochure 062026 pdf

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Manufacturing: Approved ‘BioE3’of Biotechnology Dept

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: Indian steel expects small correction
  • Market: VinFast expands in India
  • Project: Indore Priority Corridor–2 inaugurated
  • Market: DEKA-GeoBio expand across India
  • Invest: KRAFTON reaffirms commitment to India

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP International

© 2024 FIINEWS - Design and developed by 7clicksmedia.