PM: Best time to invest in India, multilateral institutions need reforms
The Indian Express|January 18, 2022
CITING VARIOUS reform measures taken by the Government, such as the removal of retrospective taxation, reduction in compliance requirements and simplification of the corporate tax rate structure, Prime Minister Narendra Modi Monday made a strong pitch for India as an investment destination and said this is “the best time" to invest in the country.

Addressing the World Economic Forum's online Davos Agenda 2022 summit, Modi said India is committed to be a reliable partner in the global supply chain, and is saving countless lives by sending medicines and Covid vaccines to several countries.

He highlighted India's "multi-lingual” and “multi-cultural environment”, which he said was a source of “great power not only of India but of the whole world”.

Welcoming the world to invest in India, Modi said: "Today, India has the third largest number of unicorns in the world.

More than 10,000 start-ups have been registered in the last six months. India is promoting Ease of Doing Business, minimising government intervention. India has made it the most competitive in the world by simplifying, reducing its corporate tax rates.

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