PM explains policy reforms to India Inc in Mumbai

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Mumbai, June 26 (IANS) Prime Minster Narendra Modi on Tuesday interacted with Indian business leaders representing a wide spectrum of the economy and discussed various policy reforms and initiatives of the government in the past four years.

In his two-hour long meeting with 41 top Indian corporate heads, the industry’s contribution to the country’s economic growth and development was also discussed in detail.

Industry representatives are understood to have appreciated the improvement in the business environment in the country and said this would lead to realization of India’s growth potential, besides endorsing the PM’s vision of New India.

Speaking of his recent discussions with startups and entrepreneuers, Modi pointed out that a positive mindset and a ‘can do’ spirit is now pervading the country and urged the corporate sector to invest in a big way, especially in the agriculture sector.

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Stressing the need to promote domestic manufacturing, he dwelt on the need to boost production in areas like medical devices, electronics and defence equipments.

Earlier, Finance Minister Piyush Goyal gave an overview of the government’s initiatives in the past four years to steer the Indian economy to a higher trajectory, besides the policy initiatives, holistic approaches to development, spirit of innovation and technology.

–IANS

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