Commerce And Industry Minister Suresh Prabhu
Goyal cites ease of doing, other steps to attract US investors to India
Commerce and Industry Minister Piyush Goyal on Saturday appealed to the Indian diaspora of the US to help promote the country as a preferred investment destination, highlighting the vast opportunities available in various sectors. He said that the government has taken a series of measures to attract investments and those steps include promoting ease of doing business, reducing compliance burden, opening sectors like space and efface for foreign direct investments. Goyal also asked the diaspora to participate in making India a developed nation by 2047. "Help promote brand India as a premium investment destination. Investing in India has tremendous growth potential and we saw NRI deposits (increasing to) USD 3 billion between April and May, and that is four times what it was last year. I am sure many of you would be looking at investments in the Indian stock market, bond market, banking systems, fixed deposits, depending on your appetite for risks," he said while virtually interacting
 "Goyal cites ease of doing, other steps to attract US investors to India")
Some matters for Suresh Prabhu
He has taken over at a time when exporters feel let down, writes TNC Rajagopalan
Priorities for Mr Prabhu
Mr Prabhu has a big challenge ahead in implementing trade reforms to regain the lost export momentum
A formidable agenda
Ministry of Commerce and Industry needs an urgent reboot
