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FM SITHARAMAN HIGHLIGHTS INDIA'S INVESTOR-FRIENDLY REFORMS

The Business Guardian

|

October 23, 2024

Union Finance Minister Nirmala Sitharaman highlighted India's investor-friendly reforms and economic opportunities during her address at the New York Stock Exchange.

- TBG NETWORK

FM SITHARAMAN HIGHLIGHTS INDIA'S INVESTOR-FRIENDLY REFORMS

Union Finance Minister Nirmala Sitharaman has said that India has undertaken a host of process and governance reforms over the last 10 years for more investor-friendly engagement.

While addressing the Roundtable on Investment Opportunities in India' at the New York Stock Exchange on Monday, Sitharaman termed improving the ease of doing business parameters and reducing the regulatory and compliance burdens for enterprises in India as New Delhi's policy cornerstone.

Various pension funds and other institutional investors and fund managers across the US attended the Roundtable at the New York Stock Exchange.

In a post on X, the Ministry of Finance stated, "Union Minister for Finance and Corporate Affairs Smt. @nsitharamanaddresses the Roundtable on 'Investment Opportunities in India' at the New York Stock Exchange @NYSE, the oldest and the largest Stock Exchange in the World, with around 11 Indian companies listed on it. The Roundtable is being attended by various pension funds and other institutional investors and fund managers across USA, forming one of the largest financial systems in the world in terms of total assets under management."

In her address, Sitharaman stressed on India's digital prowess that will define its growth and development in the next years with digitization reforms and the resulting efficiency gains becoming important drivers of India's economic growth in the medium to long term.

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