Indian Economy News

Momentum of economic reforms will continue, FM assures industry

  • IBEF
  • November 24, 2020

On Monday, finance minister, Mrs. Nirmala Sitharaman told the industry that the economic reform momentum will continue to transform India a global investment location.

India has transformed the crisis created by the COVID-19 pandemic into an opportunity to drive through decades-old economic reforms, she said, addressing the 2020 National MNC Conference organised by the CII Chamber of Industry.

Even at the time of the COVID pandemic, the Prime Minister did not miss the opportunity to implement major reforms, to undertake certain kinds of reforms that over the decades, have not seen the light of day.

The reform momentum will continue. Several more active steps related to reform are being taken,' Mrs. Sitharaman said.

The financial sector is being professionalised and the disinvestment agenda will be continued by the government, she added.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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