Union Finance Minister Nirmala Sitharaman has said the government is open to further reforms for making India a more attractive investment destination. This optimism comes amidst the alarming slide in GDP growth to 4.5 per cent. And the economy hit by slowdown.
The government has taken various steps, including reduction of corporate tax, she said at India-Sweden Business Summit .
Union Minister for Finance and Corporate Affairs @nsitharaman at the #IndiaSweden Business Summit in New Delhi. pic.twitter.com/yqaf406hV8
— MIB India (@MIB_India) December 3, 2019
“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 100 lakh crore in infrastructure sector in the next five years