With an aim to make India an attractive investment destination, Union Finance Minister Nirmala Sitharaman has said that the momentum of reforms will continue in the future as well. She also said ‘All enterprises, MNCs and India Inc., big, medium and small enterprises, are facing a reset exercise in doing business. We will have to make sure that policies are right to make India an attractive investment destination.’
While talking about initiatives, the Finance Minister said that the reforms announced by the government under the ambit of the Aatmanirbhar Bharat Package have opened up many sectors including niche sectors such as Nuclear Energy and Space for the foreign investors to partake in. Moreover, it needs to be kept in mind that the underlying tenet of the marquee package is not about excluding India from the globe, but making it an integral part of the global value chains by improving its domestic competitiveness.
Besides, Sitharaman noted that the Government has been working assiduously towards ensuring a facilitative environment for the MNCs operating out of India, adding that Prime Minister has not lost the opportunity for deep reforms, even during the coronavirus crisis and the reforms momentum would continue.