Feb 7 • 07:50 UTC 🇮🇳 India Aaj Tak (Hindi)

What did PM Modi say about the US-India deal framework?

Prime Minister Narendra Modi responded to the framework of the interim trade agreement between India and the US, highlighting its benefits for various sectors and employment opportunities.

Prime Minister Narendra Modi recently addressed the framework of the interim trade agreement between India and the United States, emphasizing its potential to strengthen the 'Make in India' initiative. He stated that this framework is not just about trade; it presents new opportunities across various sectors, including agriculture, entrepreneurship, MSMEs (Micro, Small, and Medium Enterprises), startups, innovation, and fishing. By fostering collaboration between India and the US, the deal aims to bolster economic growth and shared prosperity.

Furthermore, Modi pointed out that the agreement will generate significant employment opportunities, particularly benefiting women and youth. As various sectors prepare to harness these new avenues, the framework serves as an encouraging sign of increased bilateral cooperation. This employment potential is especially crucial in the context of India's ongoing economic recovery efforts post-pandemic.

The implications of this trade deal extend beyond mere economic growth; it is also a strategic move in strengthening ties between the two nations amidst changing global dynamics. By promoting mechanisms for mutual trade benefits, Modi aims to position India as a global manufacturing hub while cementing its relationship with the United States, a key ally in the region.

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