Top
Begin typing your search above and press return to search.
keyboard_arrow_down
Login
exit_to_app
Representational Image
access_time 2021-01-27T18:29:57+05:30
Why Assange threatens the American dream?
access_time 2021-01-26T16:29:53+05:30
The big political stick called CBI
access_time 2021-01-26T13:39:50+05:30
Why the outcry after installing Apps?
access_time 2021-01-25T16:46:01+05:30
DEEP READAll arrow_drop_down
How the nation treated the memories of Ambedkar
access_time 2021-01-26T12:02:34+05:30
Anti-Conversion Law: A law meant for abuse
access_time 2021-01-12T13:56:35+05:30
Syed Shahriyaar
access_time 2021-01-05T19:08:46+05:30
Reading A week in the life of Svitlana
access_time 2020-12-23T12:06:42+05:30
exit_to_app
Homechevron_rightBusinesschevron_rightState should be...

State should be policy-driven: Modi

text_fields
bookmark_border
State should be policy-driven: Modi
cancel

New Delhi: Indian Prime Minister Narendra Modi Monday said the state should be driven by policies which should be consistent so as to draw more investments, while revealing US investments in India jumped by 50 percent in the first six months of his government.

"State should be policy-driven. That will help investment. Consistency is another very important aspect that will bring more investments in the country. These things will address many problems," he said at the US-India Business Summit here.

Modi, who is addressing the summit along with US President Barack Obama, noted heavy investments in infrastructure and agriculture will improve the economy.

"We are on the right path. Economic growth has increased. The business confidence in India is among highest in major countries, the consumer confidence in India has turned positive after three years.

"Growth in eight core sectors of the economy increased sharply. Inflation is at a five year low. Around 110 million new bank accounts were opened in the last four months. US investment has jumped by 50 percent in the first six months of my government," he said.

Modi also touched upon the intellectual property rights (IPR) issues and said it has to be resolved by everyone. "We have formed a working group to discuss this issue."

Turning to President Obama, Modi said that with his support, "we will turn our committement to concrete future".

The US-India Business Council (USIBC) along with India's department of industrial policy and promotion (DIPP), the Confederation of Indian Industry (CII) and the Federation of Indian Chambers of Commerce and Industry (FICCI) played a key role in organising this meeting.

Show Full Article
TAGS:
Next Story