Investments in India can now be committed without delay: Jaitley

Making a strong pitch for investments in India, Finance Minister Arun Jaitley has asked long-term US investors to start investing without any delay as India's growth story is on a firm footing and all outstanding issues are under the government's active consideration.

In his meeting with a group of US investors, Jaitley, who concluded his nine-day US tour on Wednesday, alluded to the extensive reforms that have been launched by the government in the last one year. Addressing long-term investors at a roundtable organised by CII and Kotak in San Francisco on Wednesday, Jaitley said the economic fundamentals were very strong, making India one of the most attractive investment destinations.

He reaffirmed the lack of majority in the Rajya Sabha does not lead to indefinite delays and in fact, there is no precedence of permanent hold up. Hailing the entrepreneurial and innovative diaspora in Silicon Valley, Jaitley laid great emphasis on the positive impact that this highly influential community could have on India's transformation.

Giving an insight into government's efforts towards ease of doing business, creating a reformist and developmental agenda with an aim to reach sustainable and inclusive growth, Jaitley invited and urged the Indian diaspora to engage and contribute towards India's rise as a global power.