Lilongwe, Nov 5 : India is "on the move" and global organisations like the World Bank and the IMF have appreciated the country's economic progress, Vice President M Venkaiah Naidu has said, as he addressed the Indian community in Malawi.

Naidu reached here on Sunday on the last leg of his six-day three-nation tour to Africa, which aims at deepening India's strategic cooperation with Botswana, Zimbabwe and Malawi.

"India is on the move. It is not Naidu which says so but World Bank and IMF also say so," the Vice President said while addressing the Indian community here.

Not only banks but rating agency Moody's has also given good ratings to India, Naidu said, adding this is a happy news for the country.

Citing the success of the introduction of Goods and Services Tax (GST) regime, Naidu said in October the GST collection crossed a record Rs one lakh crore.

"That is how transformation is happening...One tax one slab throughout the country, that is the ultimate aim," he said.

India, one of the fastest growing major economies in the world, is on the course to become a 5 trillion economy by 2025, he said, adding that the India story, as it is unfolding today, is a promising one.

Naidu quoted the World Bank's 'Doing Business 2019' report which stated that India that had advanced to 77th place in the global ranking and is now the region's top-ranked economy.

"Starting a business was made easier through consolidation of multiple application forms and introduction of a Goods and Services Tax (GST)," the report stated.

Some people were sceptical of Jan Dhan accounts and demonetisation but these moves have achieved their purpose, Naidu said.

Praising the Indian community, the Vice President said, "I am happy to note that you have made significant contribution to find a place of leadership, in the economic activities of the country. Some of you have attained positions of excellence, in your respective professions."

The Indian community enjoys a reputation of being peace-loving community and has been able to assimilate well with the locals, he added.

According to the Indian Embassy here, there are about 8,500 Malawians of Indian origin who predominantly originated from Gujarat and are concentrated in major cities like Lilongwe, Blantyre, Limbe, Zomba and Mzuzu.

The number of Indian nationals (NRIs) in the African country at present is about 2,500. Most of them hail from Andhra Pradesh, Karnataka, Maharashtra, Telangana, Kerala, Uttar Pradesh and West Bengal. They are primarily engaged in trading, agriculture and agro business, pharmaceutical and hospitality.

Earlier, on his arrival at the Lilongwe airport, Naidu was received by Malawi's Foreign Affairs and International Cooperation Minister Dr Emmanuel Fabian, Education Minister Bright Msaka and High Commissioner of India to Malawi Suresh Kumar Menon.

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Mumbai (PTI): The Mumbai-bound carriageway of the Mumbai-Pune Expressway connecting link was opened to vehicular traffic on Saturday noon after a delay caused by the dismantling of inauguration infrastructure and cleaning work, a day after the Pune section became operational.

The 13.3 km-long "missing link", which bypasses a section of the Bhor Ghat stretch of the expressway and cuts travel time between Mumbai and Pune by 25 to 30 minutes, was inaugurated a day earlier by Chief Minister Devendra Fadnavis in the presence of Deputy CMs Eknath Shinde and Sunetra Pawar.

The Pune-bound carriageway of the corridor was opened to traffic immediately; however, the Mumbai-bound section remained closed to traffic for several hours after the inauguration.

An official of the Maharashtra State Road Development Corporation told PTI on Saturday that the opening of the Mumbai-bound carriageway was delayed mainly due to the dismantling of the inauguration infrastructure and cleaning work.

The removal of the stage and other decorations was completed in the morning. The work to load and transport the material slightly delayed the opening of the carriageway.

Vehicular movement on the carriageway began after all the remaining material was cleared and road cleaning was completed, the official added.

The expressway control room said that despite significant vehicular movement, the access-controlled highway has not witnessed any major traffic snarls since Friday evening, after the Pune-bound carriageway of the missing link was opened to traffic.

The Missing Link project connects Khopoli (in Raigad) on the Mumbai side to Kusgaon near Lonavala in Pune district and is expected to make the expressway fully access-controlled, easing congestion in the ghat section.

Developed by the MSRDC and dubbed an "engineering marvel", the project includes two tunnels, two viaducts and a cable-stayed bridge over Tiger Valley. It bypasses the steep, accident-prone ghat section, where frequent traffic snarls are reported during weekends and on public holidays.