The prime minister is scheduled to hold a round table discussion with the CEOs and investment managers of major fund houses, ranging from the Australian Super and Future Fund to Japan Post Bank and Ontario Pension, on Thursday. You will then have personal interactions with them for the next two weeks, as you seek international investors to fund some of the country’s biggest projects.
In an interview on Monday, Finance Minister Nirmala Sitharaman told TOI that the National Investment Pipeline, where 7,000 projects have been identified and detailed, will provide the basis for the investment of these funds. The stage is set for them to simply identify and invest, he had indicated.
On Tuesday, Economic Affairs Secretary Tarun Bajaj said that despite the Covid crisis, there was a lot of interest in India and it was evident from the strong growth of foreign direct investment. “Despite the Covid situation we are facing, we find that there is a lot of interest, a lot of traction, there are many inquiries from investors … many agreements are being talked about, which shows that despite the situation From Covid, our growth story, which we feel is intact, is also accepted by others, who are ready to invest in India during these times, ”he said.
Bajaj also said the government was working on further reforms in the infrastructure space, some of which had been identified by the team that put together the National Investment Pipeline. “Sectoral and financial sector reforms have been proposed and measures are being taken on both fronts,” he said, adding that a series of steps had been announced to simplify the lives of highway developers, while the government had also initiated measures to attract investment. in the operation of private trains and station development.
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