President flags off budget session with Reform Express

From manufacturing push to deep-tech use, govt policy is reshaping India’s growth path

- Dhirendra Kumar [e-mail]

President Droupadi Murmu pointed to recent free trade deals, including the India-EU FTA, as key instruments to integrate India more deeply into global value chains.

(PT)

President Droupadi Murmu on Wednesday set the tone for the budget session of Parliament by stressing on reforms, economic resilience and India’s positioning in a rapidly changing global trade and geopolitical landscape. In doing so, she effectively presented the government's report card ahead of the Economic Survey.

Addressing the joint sitting of Parliament, President Murmu highlighted India’s push on new-age technology, manufacturing, and employment generation, pointing to recent free trade agreements, including the India-European Union (EU) free trade agreement (FTA), as key instruments to integrate India more deeply into global value chains and support domestic manufacturing amid rising protectionism worldwide. She said such deals would give a fresh impetus to India’s manufacturing and services sectors and create new job opportunities for the youth.