"Come and Check the Ground Reality," the Finance Minister of India Urged US Investors During a Meet
- Posted on April 12, 2023
- News
- By TSW NEWS DESK
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Come and Check the Ground Reality:-
The Finance Minister of India, Nirmala Sitharaman, has encouraged investors in the United States to ignore negative perceptions about the Indian economy and visit the country to see for themselves the opportunities that exist.
During a virtual interaction with investors at the US-India Strategic Partnership Forum, she noted that India has undergone a series of structural reforms that have improved the ease of doing business and created a conducive environment for investment.
Sitharaman highlighted several initiatives, including the introduction of a unified Goods and Services Tax, the liberalization of foreign direct investment rules, and the simplification of labor laws. She also emphasized the government's commitment to developing physical infrastructure and digital connectivity to support economic growth.
The Finance Minister acknowledged that the COVID-19 pandemic had affected the Indian economy but stressed that the country had responded with a series of measures, including fiscal and monetary policy support, to mitigate the impact. She also noted that the government's vaccination drive was progressing well and expressed confidence in the country's ability to bounce back from the pandemic.
In conclusion, Sitharaman encouraged investors to look beyond perceptions and consider India's potential as a destination for investment. She invited them to visit the country and check the ground reality rather than believing in people who have never visited the country and their "made-up" stories.
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