Union Minister of Commerce and Industry Piyush Goyal has called for a responsible approach to global trade, urging Indian businesses and citizens to adopt fair trading practices, promote recycling and reuse, and encourage a circular economy while taking Indian products and services to global markets. Further, highlighting India’s growing global economic engagement, he noted that markets have been opened for Indian industry and businesses through nine free trade agreements. He said that international trade now provides India preferential access and highlighted the contribution of Indian MSMEs, employees, fishermen, farmers, entrepreneurs and the services sector in taking Indian products and services to global markets.
He said India’s $4 trillion economy offers a vast opportunity as the country moves towards the vision of becoming a $30 trillion economy by 2047. He further stated that the whole world is seeking to increase trade relations with India and emphasized that such a large growth opportunity requires collective participation from businesses, entrepreneurs and citizens. The Minister said that India’s journey should not only give a label to Make in India but also establish respect for India’s quality, design capabilities and brand. He expressed confidence that Indian products and natural resources would become trusted globally through these collective efforts.
Goyal also said that growth in GDP would naturally lead to higher production and create employment opportunities. He noted that young people returning to India after completing their education or acquiring new skills through skill development centres would bring new solutions to address emerging challenges. He emphasized that the collective efforts of Indian businesses, entrepreneurs, MSMEs, farmers, fishermen and workers would contribute to the country’s growth and help India emerge as a stronger participant in the global economy.
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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Name of the IA registered
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The Alchemists Ark Pvt. Ltd. |
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Trade/Brand
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SEBI Registration Number:
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INA000013323 Validity – May 16, 2019 – Perpetual |
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Non-Individual |
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1187 |
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