Finance minister Arun Finance minister Arun Jaitley held a meeting with top industrialists on Tuesday along with commerce and industry minister Suresh Prabhu to shape the agenda for participation at the forthcoming annual meeting of World Economic Forum at Davos.
Finance minister Arun Finance minister Arun Jaitley held a meeting with top industrialists on Tuesday along with commerce and industry minister Suresh Prabhu to shape the agenda for participation at the forthcoming annual meeting of World Economic Forum at Davos. The industrialists include Bharti Enterprises chairman Sunil Mittal and ICICI Bank managing director Chanda Kochhar. Prime Minister Narendra Modi would lead the biggest Indian contingent of over 100 delegates to Switzerland during the four-day World Economic Forum 2018 at Davos starting January 23, the external affairs ministry had said on Monday. Modi would be the first Prime Minister to attend the event in Davos in two decades. He would deliver a keynote address at the eventand also hold a bilateral meeting with Swiss Confederation president Alain Berset. India has been tasked with hosting the welcome reception at the world leaders’ event in Davos, with Indian foods and yoga expected to make their presence felt there.
According to the WEF, over 3,000 leaders representing over 100 countries would gather to discuss global, regional and industry agendas. Even senior executives of key global corporations, government officials, artistes, and civil society members from across 120 nations are expected to attend. The Indian delegation will also include Jaitley, Prabhu, railways minister Piyush Goyal, petroleum minister Dharmendra Pradhan and minister of state for external affairs MJ Akbar.
National logistics plan mooted
The commerce ministry is working on a national logistics plan to facilitate unrestricted movement of goods across the country to add to our trade competitiveness, said a senior official. The recently-established logistics division in the commerce ministry is discussing the matter with various other ministries, including railways, roadways, shipping and civil aviation, for this purpose.
Already, in a move to develop an integrated logistics framework, including industrial parks, cold chains and warehousing facilities, the government has accorded infrastructure status to the logistics sector. This will enable the industry to access cheaper finances.