Promising more reforms to make India more attractive for foreign investments, Prime Minister Narendra Modi today assured investors that he would "carefully hold" their hands. Speaking at the India Singapore Economic Convention at Singapore Mr. Modi said India is exploring a potential partnership with Singapore's Changi Airport for developments of two Indian airports and invited companies from Singapore to join in building smart cities. He also expressed hope that the GST regime would be rolled out in 2016. <br/> <br/>The Prime Minister said his government began to liberalise FDI laws soon after coming to power last year and the latest round of FDI reforms have made India the "most open economy" in the world. FDI inflows have gone up by 40 per cent compared with previous year's comparative period and perceptions are turning into positive outcomes, he said.
News On AIR | November 24, 2015 7:11 PM
PM Modi promises more reforms, hopes to rollout GST next year