The News Services Division brings glimpses of &quot;The Year that was&quot; in our Special Year Ender series. Today, we look at the numerous steps taken by Ministry of Commerce and Industry for growth during the pandemic.&nbsp;<br />”&nbsp;<br />”The Narendra Modi government has taken a series of measures to ameliorate impact of COVID-19 pandemic on Indian economy.<br />”&nbsp;<br />”Interacting with captains of Industries in August last year, Prime Minister Narendra Modi had said that in the post-Covidworld, when there is an extensive debate on the global supply chain, India has to maximize the efforts to take advantage of the new opportunities.&nbsp;<br />”<b>&nbsp;</b><br />”AIR correspondent reports that the Government has used pandemic as an opportunity and took effective steps to spur the economic growth. The announcement of the Atmanirbhar Bharat package amounting to 29.87 lakh crore rupees as well as targeted interventions helped the economy and livelihood. The year 2020 witnessed turmoil due to COVID-19 pandemic which emerged as the biggest threat to economic growth. The major reforms undertaken under Atmanirbhar package include Credit guarantee for MSME loans, sectoral structural reforms, reforms in public procurement, setting up of Empowered Group of Secretaries and Project Development Cells for facilitating investment. India has achieved the highest ever exports of 37 billion US dollars in December 2021 showing a 37 per cent jump from December 2020. India's exports also touched 300 billion US dollar mark during April to December 2021 and expected to reach 400 billion dollars by end of this fiscal.&nbsp;<br />”<br />”<span style="color: #222222;">The FDI policy provisions have been progressively liberalized and simplified across various sectors in the recent past to make India an attractive investment destination. India registered its highest ever annual FDI inflow of 81.97 billion US dollar in the financial year 2020-21. These trends in India’s FDI are an endorsement of its status as a preferred investment destination amongst global investors.</span><br />