Piyush Goyal highlights ease of doing business in India

Coal and Power Minister Piyush Goyal said the Bharatiya Janata Party (BJP)-led government has laid a concrete foundation for ease of doing business in India and was working hard to keep the country corruption-free.

"Since assuming office, our government has laid a very solid foundation for the ease of doing business in the country," he said at a meeting with businessmen here organised by US India Business Council.

"India's power generation capacity has grown significantly. We have seen 8.5 percent growth in power generation year over year. We aim to provide electricity to all Indians by 2019," he added.

Goyal claimed that the first year of the Narendra Modi-led government was completely "scam-free".

The minister also said the government was taking various steps to boost the energy sector, like enhancing the production target from renewable sources five-fold over the next seven years to 175 GW.

He invited US businesses to invest in India, saying the government was creating a framework for greater private participation across sectors, with the power sector alone offering a huge $250 billion opportunity.

During his visit here, Goyal has met with prominent members of the US administration, including Energy Secretary Ernest Moniz and Commerce Secretary Penny Pritzker.