Modi at Bloomberg Business Forum: PM Narendra Modi invites world to invest in India
Modi at Bloomberg Business Forum: PM Modi invited FIIs by reminding them about the benefits of the reduced corporate tax rate for the investors.
Modi at Bloomberg Business Forum: Speaking at the Bloomberg Business Forum, Prime Minister Narendra Modi asked global investors to come and establish their businesses in India by telling them that Indian government has recently reduced the corporate tax rates to give a boost to ease of doing business environment in India. He also reminded the foreign institutional investors (FIIs) gathered there that the Indian government has annulled more than 50 laws that were acting as roadblocks in developing ease of doing business in India.
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— Zee Business (@ZeeBusiness) September 25, 2019
"When we talk about the business sentiments, the 130 crore people of India have very recently conveyed through the ballot that development is the only key for progress and hence we recently cut down the corporate tax rates that will help us create ease of doing business in the country. The corporate communities both inside and outside India have hailed this decision and we are expecting a big boost to the business sentiments in the country in the days ahead."
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Modi further said that India is full of business opportunities for those who are looking forward to finding an investment destination as the 130 crore people in India provide a skilled workforce and a huge market for their products.
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