Commerce and Industry Minister Piyush Goyal has emphasized that India’s economic growth can be significantly boosted by a combination of consumption-led and investment-led strategies. Speaking at the Invest Karnataka event in Bengaluru, he stated, “Economists will tell you that
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Union Minister Piyush Goyal has criticized certain states for requesting funds from the central government in proportion to their tax contributions, describing this approach as “petty thinking.” He emphasized that such demands overlook the broader principle of national unity and equitable development. Goyal’s Perspective on Fiscal Federalism Goyal argued
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Commerce Minister Piyush Goyal encourages India's auto component industry to reduce import dependency by manufacturing machinery domestically and expanding electric vehicle component production.