ANI
04 Oct 2024, 09:25 GMT+10
Washington DC [US], October 4 (ANI): Union Minister of Commerce and Industry, Piyush Goyal, said that he sympathises with the lack of knowledge Congress leader and the Leader of the Opposition in the Lok Sabha, Rahul Gandhi, has about the "manufacturing story" and said that he doesn't know about the job losses that he has been talking about.
Speaking at a press conference on Friday during his visit to the US, Goyal said that it was a matter of choice for the Congress leader to "belittle his own country" and that it would not be appropriate to bring domestic politics to the foreign lands.
"I can only sympathise for the lack of knowledge about the manufacturing story because I don't know which are those job losses he's (Rahul Gandhi) talking about. But we are on foreign soil. We don't like bringing domestic politics to foreign lands. He is entitled to belittle his own country; that's a matter of his choice," he said.
"All of India is united in its effort to improve the prosperity of our people. We are all working towards a developed nation, a prosperous nation by 2047... We are all together in making the lives of the people of India better in the years to come," Goyal added.
The Minister also criticised those who felt were responsible for allowing China's influence on the Indian market to grow. He said that the US had also shown concern about the security threats from Chinese goods.
"The whole world today recognises that China is a non-transparent and opaque economy. China is known to dump goods. Even the US is concerned about it... The US is concerned about security threats from Chinese goods and is imposing restrictions," he said.
Taking a dig at the then UPA government, he reiterated that it was "a matter of shame" for India that between 2004 and 2014 Chinese goods had flooded the Indian market increasing the trade deficit with China nearly 30 times from USD 1.8 billion to USD 43 billion.
"India had a trade deficit of about USD 1.8 billion in 2004 with China... But between 2004 and 2014, our trade deficit went up from USD 1.8 billion to USD 43 billion in ten years by nearly 30 times. It is a matter of shame that we allowed Chinese goods to flood the Indian markets, to kill Indian manufacturing, to almost get investors disinterested in India's story because there was no protection against these kinds of goods coming in from China," Goyal added. (ANI)Get a daily dose of Nigeria Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Nigeria Sun.
More InformationTAIPEI, Taiwan: Taiwanese authorities are probing a Chinese-crewed cargo ship suspected of damaging an undersea communications cable...
SALT LAKE CITY, Utah: Utah may become the first state to ban fluoride in public water under a new bill that prevents cities from deciding...
MEXICO CITY, Mexico: Three American women were found dead over the weekend at a beach resort in Belize, police said. Officials are...
BANGKOK, Thailand: Chinese authorities said they started live-fire military exercises in the Gulf of Tonkin this week, just days after...
ABOARD THE CHARLES DE GAULLE, Philippines: France's nuclear-powered aircraft carrier and its warships arrived in the Philippines over...
FRESNO, California: Fresno State suspended two of its top men's basketball players last weekend and removed a third player from the...
New Delhi [India], March 1 (ANI): Afghanistan's steady rise in international cricket has caught the attention of cricketing greats,...
New Delhi [India], March 1 (ANI): Prime Minister Narendra Modi on Saturday highlighted India's capability to efficiently organize large-scale...
BEIJING, March 1 (Xinhua) -- A selection of the best press photos from Xinhua. A drone photo taken on Feb. 27, 2025 shows the construction...
(250301) -- JUBA, March 1, 2025 (Xinhua) -- A nurse from the International Committee of the Red Cross (ICRC) South Sudan delegation...
New Delhi [India], March 1 (ANI): The Indian Coast Guard Ship Sachet departed for Sudan on Friday, carrying over two tons of life-saving...
ABUJA, NIGERIA — For longtime automotive importer David Tope, Nigeria's auto market has become increasingly difficult. He used to...