Singh added the government was trying its best to pass the Bill but due to continuous disruption of the House by the opposition, the effort was not successful.
The Bill was passed by the Lok Sabha but the Rajya Sabha is yet to pass it due to opposition from the Congress, Left parties and AIADMK, which want changes. Terming retail traders the backbone of the economy, Singh said the government would not allow their interests to be affected by globalisation.
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“We were, are and will always be business-friendly.” he said, adding the economies of India and China were providing impetus to the world economy.
That it does not happen,” he said, adding the economies of India and China were providing impetus to the world economy and the NDA government is doing its best to further improve the country's economy. “There was double digit inflation, fiscal deficit, current account deficit. But with your blessings, we can proudly claim that ever since Modi government took over we have managed to rein in all. Our international trade is now 2 trillion dollars. In five years, our trade will reach 5 trillion dollars. We will be successful in making India an economic super power,” he added.