Prime Minister Narendra Modi stated that Free Trade Agreements (FTAs) signed by India open up new markets for Indian firms and generate employment opportunities for young people. While speaking at the 20th Rozgar Mela virtually on September 19, he stated that these agreements help entrepreneurs establish partnerships in foreign markets and enable India’s youth to explore newer career opportunities.
PM Modi Highlights FTAs
The Prime Minister stated that India has signed approximately 40 FTAs with other countries. Modi pointed out that these trade agreements create opportunities for entrepreneurs to generate partnerships globally and for the youth to find employment.
The government has also noted that FTAs can help access new markets for products and services from India, especially in labour-intensive industries like textiles, apparel, and leather, creating employment opportunities.
India’s Youth Are Acclaimed Across the Globe for Their Skills and Expertise
Modi added that Indian youth are in demand across the globe for their skills and talent. He stated that this is due to the vast number of innovators, entrepreneurs, and professionals taking India’s youth to greater heights of success. The government has also created opportunities in professional mobility, services, and overseas jobs through various agreements.
More than 51,000 Appointment Letters Were Distributed During Rozgar Mela
While addressing the 20th Rozgar Mela, Modi stated that more than 51,000 appointment letters were virtually distributed to new recruits who joined various government departments and undertakings.
PM Highlights India’s Startups and the Role of Its Youth
The Prime Minister stated that India’s start-up ecosystem is growing daily and is no longer confined to metro cities. He further stated that about 50% of start-ups are now emerging from Tier-2 and Tier-3 cities, as per his office.
Youth Will Play a Vital Role in Taking India to Viksit Bharat 2047: PM
Modi stated that India’s youth will play a leading role in Viksit Bharat 2047 and is working towards skilling, apprenticeships, and upgradation of ITIs to meet the new requirements in the employment scenario.
With India’s growing trade, FTAs are being driven by the government to create opportunities for Indian firms and youth in exports, partnerships, and more.