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Policy on manufacturing, infrastructure in next few weeks: HM

Press Trust of India  |  New Delhi 

Government is set to unleash in the next few weeks its new policy for infrastructure and manufacturing sectors to help bolster the economy and create more jobs.

Home Minister Rajnath Singh said the NDA government was trying its best to turn India into an investor-friendly country and encourage domestic investors to invest here rather than abroad.

"We will announce the policy decision on manufacturing and infrastructure in next few weeks. This will help offer opportunity for more jobs, encourage investors to set up more industry and help in overall growth of economy," Singh said while addressing a function organised by All India Management Association (AIMA) here.

Singh, the former BJP President, described the victory of the NDA in the last Lok Sabha polls as a mandate of hope.

"We are making our constant efforts to turn this mandate of hope into a mandate of confidence. We are taking steps to revive economy and as a first step, we are trying to control inflation," he said, adding the interest rate would come down only when we are able to check price rise.

"We are committed to doing this".

The Home Minister said the government was trying to make India an investor friendly country.

"We will see how to bring back the domestic investment which has gone out of the country. We have great hopes and strong confidence. Till we revive economy, till we bring back confidence of investors, we will make all effort," he said.

The Home Minister said the NDA government wants to make India an economic super power and this government has the political power as well as zeal to do it.

"We have a vision. We need conviction. This government does not lack conviction," he said.

In the function, AIMA felicitated top business leaders including Deepak Parikh, Shiv Nadar, Memmon Mathew besides others.

First Published: Wed, August 06 2014. 22:25 IST