Published 02:00 IST, October 1st 2020

Govt opening up economy for greater pvt sector participation: Piyush Goyal

The government is opening up the economy for greater participation of the private sector and has been working in different ways to remove entry barriers for new investments, Commerce and Industry Minister Piyush Goyal said on Wednesday.

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government is opening up ecomy for greater participation of private sector and has been working in different ways to remove entry barriers for new investments, Commerce and Industry Minister Piyush Goyal said on Wednesday.

He said government has opened up defence manufacturing for domestic industry in a much bigger way and coal mining for commercial engment.

It has also me a number of changes in single brand retailing to promote new businesses, minister said ding or sectors where steps have been taken include civil aviation, agriculture and financial services.

" government is opening up ecomy for greater private sector engment. Railways is also opening up for greater private sector partnerships...Government also has been working in different ways to deregulate, remove entry barriers for new investments," he said while dressing Federation of Telangana Chambers of Commerce and Industry.

Goyal also said reforms in agriculture sector will increase productivity and income of farmers.

About railways, he said during September 1-29, 15 per cent more freight was carried as compared to corresponding period of last year.

Yesterday, we moved 33 per cent more freight than we moved on September 29, 2019," he said.

This story has t been edited by www.republicworld.com and is auto-generated from a syndicated feed.

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02:00 IST, October 1st 2020