Business should be within rules and laws: PM - News from all over the world

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Thursday, September 20, 2018

Business should be within rules and laws: PM

INDORE, Madhya Pradesh: Prime Minister Narendra Modi has said his government has sent out a clear message over the last four years that business should be done within the purview of rules and laws.
At an event here, he said honest businessmen are being encouraged through steps like the Goods and Services Tax (GST) and Bankruptcy law.

He said the confidence of investors towards India has gone up across the world. The government was eyeing double-digit growth for the country and expressed confidence that it would be achieved “despite all the challenges”.
Modi was addressing an event organized by the Bohra Muslim community to mark the martyrdom of Imam Hussain, the grandson of Prophet Mohammad.
The ‘Ashara Mubaraka’ program was held at the Saifee Mosque where Modi shared dais with the Bohra community’s spiritual head Syedna Mufaddal Saifuddin.

The Bohra community is a sect within Shia Islam known for trading and business acumen.
In his address, the prime minister spoke about his government’s initiatives like rollout of GST, ‘Make-in-India’ program and ‘Swachh Bharat Abhiyan’ (cleanliness campaign).
He said the members of the Bohra community took maximum advantage of these initiatives as they are known to carry out their trade and business world over with honesty.
“They (Bohras) have set an example for other people (with their honest trade dealings),” he said.
At the same time, he added, “all five fingers of a hand are not equal. Some people consider fraud as business.” PTI



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