Govt open to more reforms to boost investment: FM

December 03, 2019 11:22

And as former Finance Minister P Chidambaram tweets on the hopelessness of the economic situation in India led by the BJP government, FM Nirmala Sitharaman today said the government is open to further reforms for making India a more attractive investment destination.

The government has taken various steps, including reduction of corporate tax, she said at India-Sweden Business Summit here. "I only can invite and assure that the Government of India is committed for further reforms in various sectors whether it is banking, mining or insurance and so on," she said.

She invited Swedish firms to invest in infrastructure development projects. India plans to invest about Rs 1 lakh crore in infrastructure sector in the next five years. -- PTI

« Back to LIVE

TOP STORIES

Meet Baldev Kumar from Punjab, first outsider to contest J-K LS polls

The abrogation of Article 370 in August 2019 paved the way for outsiders to contest polls in the Union Territory.

IPL PIX: Rahul, de Kock power LSG to easy win over CSK

Openers KL Rahul and Quinton de Kock hit fifties as LSG trounced CSK by eight wickets.

Phase 1 sees nearly 63% polling amid stray incidents of violence

"The voting percentage is likely to go upwards when reports from all polling stations are obtained as polling is scheduled till 6 pm in many constituencies. Final figures will be known on Saturday after the scrutiny of form 17A," the EC...

Manipur records 68% polling marred by violence, firing, booth capturing

At Thamnapokpi under Moirang constituency in Bishnupur district, armed men fired several rounds in the air near a polling booth prompting voters to flee, police said on Friday, adding additional security personnel were rushed to the spot...

Air India to soon have new crew management system

Air India will soon have a new crew management system that will help strengthen rostering rules and enable faster recovery from scheduled disruptions. In a message to the staff on Friday, Air India CEO and MD Campbell Wilson said that...