AgenciesFinance Minister Nirmala Sitharaman on Monday assured the industry that momentum of economic reforms will continue to make India a hotspot of global investment.
India has turned the crisis created by COVID-19 pandemic into an opportunity to push the economic reforms, which remained pending for decades, she said while addressing the National MNC's Conference 2020 organised by the industry chamber CII.
"Even at the time (of) COVID pandemic, the Prime Minister has not lost an opportunity to take deep reforms, to undertake those kinds of reforms which have not seen the light of the day over the decades.
"The momentum for reform shall continue. Several more active reform-related steps are being taken up," Sitharaman said.
The financial sector is being professionalised and the government will continue with disinvestment agenda, she added.
India has turned the crisis created by COVID-19 pandemic into an opportunity to push the economic reforms, which remained pending for decades, she said while addressing the National MNC's Conference 2020 organised by the industry chamber CII.
"Even at the time (of) COVID pandemic, the Prime Minister has not lost an opportunity to take deep reforms, to undertake those kinds of reforms which have not seen the light of the day over the decades.
"The momentum for reform shall continue. Several more active reform-related steps are being taken up," Sitharaman said.
The financial sector is being professionalised and the government will continue with disinvestment agenda, she added.
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2 Comments on this Story
 | Harikesh A27 minutes ago Biggest reform is selling off of PSUs and PSBs. They bleed the country dry and tax payers have to bail them out..BSNL, Air India being the prime examples.The government has to step up the pace of selling . In the case of Air India ,if they can't sell ,they should shut it. |
| Abhilash D48 minutes ago Which reforms? Selling PSU s |