WEF 2018: India eradicating graft through good governance says Piyush Goyal

Union minister Piyush Goyal today said the Indian government is eradicating corruption by fostering a culture of trust through good governance.

Speaking here at a session on tackling the cost of corruption, Goyal said the Narendra Modi government has been steadfastly working on eradicating corruption in the last three and half years since coming to power.

He said the government has been fostering a culture of trust through good governance.

Panelists at the World Economic Forum (WEF) Annual Meeting session, which was held as part of the WEF’s Partnering Against Corruption Initiative, discussed how can low levels of public trust and a higher incidence of corrupt behaviour be tackled while maintaining market confidence, political stability and economic growth.

The issues discussed also included understanding the socio-political and economic landscape, creating a sense of collective purpose and leveraging technology as a tool.

Goyal, who has addressed a number of sessions here at the WEF Annual Meeting and held several bilateral and roundtable meetings, today also met Tadashi Maeda, CEO and Executive Managing Director of Japan Bank for International Cooperation (JBIC) and Japan External Trade Organisation’s Chairman and CEO Hiroyuki Ishige here.

“At Davos, people have been appreciating the govt’s bold moves for bringing India into a formal economy, eliminating corruption and black money-issues by which India had come to be identified through the years of Congress rules (sic),” the minister said in a tweet.

In a series of tweets, Oil Minister Dharmendra Pradhan said he met with Microsoft President Brad Smith.

“Visited Microsoft Technology Centre, Davos @wef;the VR glass with use of holograms can have great industrial, manufacturing, medical & R&D applications; Holograms & 3D printings are revolutionary technologies,” he tweeted.

These technologies need to be quickly adopted in India to remain ahead of the curve in Industrial Revolution 4.0, he added. PTI