Abolition of retro tax to strengthen investors' confidence: PM at CII event

India now has 60 unicorns, 21 of them reaching that status in last few months, says PM

At the special plenary session of Confederation of Indian Industry (CII) Annual Meeting 2021, Prime Minister Narendra Modi on Wednesday said that the country is witnessing strengthening of cooperation between government and industry.

During the pandemic industry has stepped forward to help in every way, from masks to oxygen, he said. Industry has played an important role in India's growth, Modi added.

"All friends and organisations in industry are a major part of India's growth story. With efforts of all of you, India's economy is picking up pace once again. There is rarely a day when a CEO doesn't issue