Added on : 2020-11-30 15:53:57
Union Minister Nitin Gadkari on Monday expressed confidence that India will get a COVID-19 vaccine "as early aspossible" and overcome the pandemic to win the economic war. The Minister for Micro, Small and Medium Enterprises and Road Transport & Highways said that currently, "majority of countries are not interested to deal with China"; they are rather interested in India.
He said such a situation is advantageous for the country's manufacturing sector to ramp up its capabilities to boost exports fromIndia. He said disbursement of loans to the tune of Rs 1.48 lakh crore has been completed so far, out of the Rs 3 lakh crore worth of collateral-free automatic loans for businesses announced by the Centre earlier.
"We have already reduced our imports from China and already our (India's) exports are increasing. The trends are positive and I am expecting good results in this field," said the minister.