You are here: Home » Economy & Policy » News
India slips a spot in UN's human development index, ranks at 131 now
India wants a V-shaped recovery at any cost. But what will RBI do?
Business Standard

India making efforts to deregulate economy to get better investments: Goyal

The government is making efforts to deregulate the economy with an aim to attract greater investments from across the world, Commerce and Industry Minister Piyush Goyal

Topics
Indian Economy | Piyush Goyal | foreign investments in India

Press Trust of India  |  New Delhi 



Piyush Goyal
Piyush Goyal

The government is making efforts to deregulate the economy with an aim to attract greater investments from across the world, Commerce and Industry Minister said on Wednesday.

He said the government has opened up defence, manufacturing, mining, finance and capital market sectors.

The government has further liberalised agricultural laws to encourage more investments in agri-processing and open up markets so as to increase the income of farmers, he said at CII's Partnership Summit.

"India is making efforts to deregulate its economy for greater investments from other parts of the world," he said.

Goyal further said India provides huge opportunity for investments, and procurement of goods and services.

"India is looking forward for working with friends and neighbours, and having a global footprint. India is working to turn the COVID crisis into an opportunity, and is confident of reaching the target of USD 5 trillion economy by 2025, and USD 10 trillion in another 7-10 years," the minister said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, December 17 2020. 08:01 IST

RECOMMENDED FOR YOU

.