{"id":180664,"date":"2024-11-22T20:41:01","date_gmt":"2024-11-22T20:41:01","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/11\/22\/need-to-brand-india-as-responsible-capitalist-country-fm-nirmala-sitharaman\/"},"modified":"2024-11-22T20:41:01","modified_gmt":"2024-11-22T20:41:01","slug":"need-to-brand-india-as-responsible-capitalist-country-fm-nirmala-sitharaman","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/11\/22\/need-to-brand-india-as-responsible-capitalist-country-fm-nirmala-sitharaman\/","title":{"rendered":"Need to brand India as &#8216;responsible capitalist country&#8217;: FM Nirmala Sitharaman"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/i3.wp.com\/img.etimg.com\/photo\/msid-115576913,imgsize-2589766.cms?fit=1280,720&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Need to brand India as &#8216;responsible capitalist country&#8217;: FM Nirmala Sitharaman\" title=\"Need to brand India as &#8216;responsible capitalist country&#8217;: FM Nirmala Sitharaman\" \/><\/div>\n<div data-brcount=\"21\">New Delhi: Finance minister <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/news\/nirmala-sitharaman\" rel=\"noopener\">Nirmala Sitharaman<\/a> on Friday called for reimagining economic systems and branding India &#8220;as a responsible capitalist country&#8221; that takes care of its people and whose institutions are growing from strength to strength.<\/p>\n<p><style><![CDATA[\n    \t    #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;}\n    \t    .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px}\n    \t    #sr_widget.onDemand .sr_desc{margin:0 auto 0;}\n    \t    #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;}\n    \t    #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important}\n    \t    #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%}\n    \t    #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}\n    \t]]><\/style>\n<p><!--\/article_liveblog.cms?msid=105115637&pos=toppotime:1--><a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/indias-capitalism\" target=\"_blank\" rel=\"noopener\">India&#8217;s capitalism<\/a>, she said, is distinct from that of many others which have resorted to expansionism, aggression, coercion or exploitation in their pursuit of greater economic gains.<\/p>\n<p>Sitharaman was speaking at the India Ideas Conclave 2024, organised by the India Foundation in Bengaluru.<\/p>\n<p>She said India doesn&#8217;t weaponise public goods, be it vaccine or money transferring mechanism; it doesn&#8217;t exploit human or natural resources nor does it subject neighbours to misery for its own vested economic interests.<\/p>\n<p>The Indian economic growth model has been rooted in LiFE (Lifestyle for Environment), the finance minister said, referring to the acronym coined by Prime Minister <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" target=\"_blank\" href=\"http:\/\/economictimes.indiatimes.com\/news\/narendra-modi\" rel=\"noopener\">Narendra Modi<\/a> that essentially calls for living more sustainably and reducing the harmful effects of climate change. Sustainability has been part of the Indian ethos for centuries, she said.<\/p>\n<p><!--\/include_growfast.cms?pagename=article&skipcss=1potime:2--><br \/><strong>A &#8216;<a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/bharat-fda\" target=\"_blank\" rel=\"noopener\">Bharat FDA<\/a>&#8216;<\/strong><br \/>Sitharaman pitched for a &#8216;Bharat Food and Drug Administration&#8217; (FDA) in pharmaceuticals, similar to the US FDA, while reiterating calls to the industry in general to focus on high quality products.<\/p>\n<p>&#8220;Brand Bharat should speak for excellence in science&#8230; which would stand both for technical quality and ethical quality,&#8221; she said.<\/p>\n<p>The minister cited the domestic &#8220;quick commerce ecosystem&#8221; to stress that India can be promoted globally as a &#8220;destination of innovative solutions to modern urban needs&#8221;, given the growing innovation prowess of its businesses, especially startups.<\/p>\n<p>Quick commerce players promise to deliver goods within 10-30 minutes.<\/p>\n<p>At the same time, she said, all possible support needs to be extended to the bricks-and-mortar stores to pursue their growth as well.<\/p>\n<p><style><![CDATA[\n    \t    #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;}\n    \t    .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px}\n    \t    #sr_widget.onDemand .sr_desc{margin:0 auto 0;}\n    \t    #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;}\n    \t    #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important}\n    \t    #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%}\n    \t    #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}\n    \t]]><\/style>\n<p><!--\/article_liveblog.cms?msid=105115637&pos=botpotime:2--><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/economictimes.indiatimes.com\/news\/india\/need-to-brand-india-as-responsible-capitalist-country-fm-nirmala-sitharaman\/articleshow\/115576913.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Finance minister Nirmala Sitharaman on Friday called for reimagining economic systems and branding India &#8220;as a responsible capitalist country&#8221; that takes care of its people and whose institutions are growing from strength to strength. India&#8217;s capitalism, she said, is distinct from that of many others which have resorted to expansionism, aggression, coercion or [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":180665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/msid-115576913,imgsize-2589766.cms","fifu_image_alt":"","footnotes":""},"categories":[602],"tags":[141470,2815,116242,119467,643,273,2910,4253,4250,11099,4254],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/180664"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=180664"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/180664\/revisions"}],"predecessor-version":[{"id":180666,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/180664\/revisions\/180666"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/180665"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=180664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=180664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=180664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}