The Prime Minister Dr. Manmohan Singh has strongly pitched for reforms in the financial sector to make India a more attractive destination for foreign direct divestment. Addressing a World Economic Forum meeting in New Delhi today, Dr Singh called for gradual and steady reforms in finance sector. Giving the roadmap for the reforms, he said government is trying to evolve a political consensus for bringing legislative changes in insurance sector to put an end to institutional hurdles.<br/>Welcoming portfolio investment, Dr Singh said India has attracted over 120 billion US dollars as foreign direct investment since 2001, but this is not large enough, given the scale of Indian economy.<br/>Giving hints of appropriate action next year to wind up fiscal stimulus, the Prime Minister expressed hope that the country will register a 7 percent growth in the next fiscal. In this background thrust is on increasing internal demand. The Prime Minister noted that there is an ambitious investment plan for the development of infrastructure sector. He said while some projects will be funded directly by the government, public-private partnership route will be largely followed.<br/>Stressing on fast and inclusive growth for the economy, Dr. Singh said investment in social sectors like health, education and skill development will be increased as well. In this background the government has decided to off load ten percent equity in selected public sector enterprises and the process of disinvestment is being expedited.<br/>AIR Correspondent reports that several Union Ministers, financial experts and other stakeholders from abroad are participating in the three-day meet.