G 20 praises the growth of Indian economy.
Guwahati/ 10th July’2017 (Prag News Desk): The G20 has praised the initiatives in the country for promoting ease of doing business, startup funding and labour reforms. This is world’s accounting India’s methods of sustainable and inclusive growth and participate in the global economy.
According to the Hamburg Action Plan, adopted at the G20 Summit of leaders from the world’s 20 largest economies, the group accorded that, “in the financial sector, India is popularising a number of derivative instruments in exchanges or electronic trading platforms” as part of measures to enhance resilience of its economy.
Incidentally, India is facilitating external commercial borrowings (ECBs) by startups in order to encourage innovation and promote ease of doing business.
This is part of the efforts taken by the G20 members this year for maintaining momentum on structural reforms and sustainable grow