Prime Minister Narendra Modi set to become first PM after Indira Gandhi to feature on Newsweek cover
Prime Minister Narendra Modi is set to become the first prime minister of India to feature on the cover of Newsweek after Indira Gandhi. Former prime minister Indira Gandhi featured on the cover of Newsweek's April 1966 issue.
The New York-based magazine has interviewed PM Modi who addressed Newsweek's written questions and followed up with a 90-minute conversation.
During the interview, PM Modi talked about China, global economy, and India's economic policies.
«India, as a democratic polity and global economic growth engine, is a natural choice for those looking to diversify their supply chains. We have undertaken transformative economic reforms: Goods and Service Tax, corporate tax reduction, bankruptcy code, reforms in labour laws, and relaxation in FDI norms. As a result, we have made significant improvements in ease of doing business,» Modi told Newsweek.
«We believe that when a country with one-sixth of the world's population adopts global standards in these sectors, it will have a big positive impact on the world. Our policies that encourage businesses and entrepreneurship, coupled with world-class infrastructure and availability of skilled talent have yielded results. We have major global manufacturing entities setting up shops in India. Given our strengths, India is now globally considered most suited for manufacturing world-class goods at a competitive cost. Apart from producing for the world, the vast Indian domestic market is an added attraction,» he added.
Modi also talked about a host of issues
