Prime Minister Narendra Modi, today said that his priority for India is to establish global benchmarks in areas such as governance, transparency and taxation. Interacting with participants of the BlackRock India Investor Summit over dinner tonight, he said the priority of his Government is growth and jobs, and infrastructure development is one of the best routes to create jobs for the youth. The Prime Minister said, India requires both expansion and upgradation of its infrastructure and the Railways can become a growth engine for the economy. He said the goal of affordable housing for all by 2022, will in itself, provide a huge boost for the economy. Mr Modi said, the Government is focusing on skill development that will fulfill not just the Indian requirement, but also the global requirement. The Prime Minister said, he wanted India to have a skill development programme that focuses on both job-creators and job-seekers. In terms of the education system, he said the best in the world should be there in India as well. The Prime Minister said he believes in a fair, predictable and consistent tax system and economic policies that will drive the growth. Twenty one major global investors participated in the India Investor Summit earlier in the day. The list of institutional investors includes asset managers, insurers, pension funds, and official institutions. The Prime Minister congratulated Chairman and CEO of Black Rock Laurence Fink and the Finance Ministry for organizing the India Investor Summit. Union Ministers Arun Jaitley, Nitin Gadkari, Suresh Prabhu, Dharmendra Pradhan, Piyush Goyal and Jayant Sinha were present at the dinner.
News On AIR | February 3, 2015 10:13 PM
Growth, Jobs priorities of Government: PM to investors