Describing the current scenario as the best for investors in the country, Prime Minister Modi said: “Fiscal deficit has come down, the rate of inflation has come down. The middle class is growing and the country is full of demographic dividend. “In the past four years, the state and Central governments together have taken over 10,000 measures, which have helped the country improve its position in the ease of doing business rankings by 42 points.”
“My message to investors is ‘Make in India’, but not just for Indians but for the whole world,” the PM said, addressing the country’s top business leaders and industrial houses at ‘Destination Uttarakhand: Investors Summit 2018’.Hailing the GST as the “biggest tax reform in the country post-Independence”, the PM said it had turned the whole country into a single market. In the infrastructure sector, 10,000 km of highways had been built; while in the aviation sector, 100 new airports and helipads had coming up across the country and Tier-II and Tier-III cities had got air connectivity, he said.
With the high-speed rail projects and metro lines in various cities and the Centre’s policy of housing, power, fuel and banking for all, the scenario of an ideal investment destination became complete, Modi said.
Report: The New Indian Express
Date: October 8, 2018
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