PM Modi Calls for Investor-Friendly Charters at 'Journey Towards Viksit Bharat' Conference

  • July 30, 2024, 6:17 p.m.

Prime Minister Narendra Modi delivered a compelling address at the inaugural session of the 'Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference' in Delhi today, emphasizing India's growing appeal to global investors and urging states to develop investor-friendly policies.

Speaking to an audience of business leaders, policymakers, and economic experts, Modi highlighted the increasing interest of international investors in India. "Investors from all over the world want to come to India. World leaders are full of positivity towards India," he remarked, underscoring the nation’s robust economic prospects and favorable business environment.

The Prime Minister also shared insights from a recent NITI Aayog meeting, where he had instructed Chief Ministers (CMs) to craft investor-friendly charters for their respective states. Modi's directive aims to foster healthy competition among states to attract and retain investment. "There should be healthy competition between the states to attract investment. I don't want any state of my country to lag behind," Modi emphasized.

The 'Journey Towards Viksit Bharat' conference follows the Union Budget for 2024-25, which has been touted as a transformative blueprint for India’s economic development. The budget outlines various initiatives to stimulate growth, enhance infrastructure, and improve the ease of doing business across the country.

During his address, Modi reaffirmed the government's commitment to creating a conducive environment for investment, which he believes is crucial for achieving the vision of a developed India. He encouraged states to leverage their unique strengths and opportunities to become more attractive destinations for both domestic and foreign investors.

The conference also served as a platform for discussing strategies to implement the budget’s proposals and assess their impact on various sectors. Key topics included infrastructure development, innovation, and regional economic strategies.

Modi’s call for states to embrace a competitive spirit reflects a broader strategy to drive national growth through localized initiatives. By promoting state-level reforms and investment incentives, the government aims to harness the full potential of India’s diverse economic landscape.

The event was attended by a range of stakeholders, including business executives, policymakers, and academic experts, who engaged in discussions about the future trajectory of India’s economic development. The Prime Minister’s address has set the stage for ongoing dialogue and collaborative efforts to achieve the ambitious goals laid out in the Union Budget.

Author : Rajdhani Delhi Representative

Rajdhani delhi representative

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