Between April and July, foreign direct investment (FDI) in India stood at $ 20 billion.
“India’s commitment to reform is taken seriously by overseas investors and they consider India to be a very desirable destination, otherwise we would not be seeing a good amount of FDI arriving even during the time of the pandemic. when India, as many of our critics would say, had the strictest blockade, “Sitharaman said.
Publishing the state rankings based on the implementation of the 2019 State Business Reform Action Plan, Sitharaman said that Aatmanirbhar Bharat would help India build on its strengths and become self-sufficient.
“Aatmanirbhar Bharat will lead to increased export competitiveness, better prices and quality of exports, demonstrating India’s ability to do things perfectly,” he said.
Sitharaman said that Aatmanirbhar Bharat is not to make India look inward, but to leverage its strengths, one of the ways the country can become more competitive.
In the states’ ease of doing business rankings released on Saturday, Andhra Pradesh retained the top spot followed by UP and Telangana at second and third, respectively.
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