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Madhya Pradesh Global Investors Summit: It’s time to invest in M.P., says PM Modi
The Hindu
Prime Minister Modi highlights India's economic growth potential and investment opportunities at Madhya Pradesh Global Investors Summit.
Prime Minister Narendra Modi on Monday (February 24, 2025) said with a strong talent pool and thriving industries, Madhya Pradesh is becoming a preferred business destination and that this is the time, and right time, to invest in the State.
He was speaking after inaugurating the mega ‘Invest Madhya Pradesh - Global Investors Summit-2025’ at the Indira Gandhi Rashtriya Manav Sangrahalaya, located near the picturesque Upper Lake in Bhopal, to showcase the State’s infinite possibilities for investors and industrialists.
PM Modi said the World Bank has expressed confidence that India will continue to be the world’s fastest growing economy in the coming years.
The World Bank recently said in its Global Economic Prospects report that India will remain the fastest-growing major economy for next two years.
PM Modi also said the Deregulation Commission will help create investment-friendly regulatory ecosystem in the States.
India is emerging as the top supply chain for global aerospace firms, he said, adding that textile, tourism and technology sectors will generate crores of jobs in the years to come.
Also Read: M.P. cabinet approves over 10 policies for various sectors
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According to the United Nations’ Conference on Trade and Development (UNCTAD), the underlying logic of credit rating agencies is to avert the information asymmetry between borrowers and lenders about the latter’s creditworthiness. It further explains that issuers with lower credit ratings pay higher interest rates – reflective of the greater associated risk with lending to them, than the higher rated issuers.
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According to the United Nations’ Conference on Trade and Development (UNCTAD), the underlying logic of credit rating agencies is to avert the information asymmetry between borrowers and lenders about the latter’s creditworthiness. It further explains that issuers with lower credit ratings pay higher interest rates – reflective of the greater associated risk with lending to them, than the higher rated issuers.