Work in progress to remove regulatory hurdles: Nirmala

RSTV Bureau
Sri Lankan Prime Minister Ranil Wickremesinghe  with Commerce and Industry Minister Nirmala Sitharaman  during the opening day of  India Economic Summit in New Delhi Photo-PTI

Sri Lankan Prime Minister Ranil Wickremesinghe with Commerce and Industry Minister Nirmala Sitharaman during the opening day of India Economic Summit in New Delhi
Photo-PTI

Saying that India can achieve a 8% growth in the coming years, Commerce Industry Minister Nirmala Sitharaman said that Country needs remove regulatory hurdles that affect India’s competitiveness.

Speaking at the India Economic Summit at the World Economic Forum (WEF) In New Delhi, Sitharaman said that centre is working together with state to ensure hurdles are removed for businesses.

“We must take states on board. Present regulatory hurdles go down to the level of municipalities and panchayats. These obstacles have to be removed for the businesses,” she said

Nirmala Sitharaman opened the two-day long India Economic Summit organised by World Economic Forum, where issues like digital transformation and regional economic integration are set to get attention.

Sri Lankan Prime Minister Ranil Wickremesinghe who is on a three day visit to India is in attendance at the inaugural session.

Sri Lankan Prime Minister Ranil Wickremesinghe  with Commerce and Industry Minister Nirmala Sitharaman  during the opening day of  India Economic Summit in New Delhi Photo-PTI

Sri Lankan Prime Minister Ranil Wickremesinghe with Commerce and Industry Minister Nirmala Sitharaman during the opening day of India Economic Summit in New Delhi
Photo-PTI

Senior government officials and foreign business leaders are meeting in New Delhi on Thursday for the 2016 India Economic Summit to discuss India’s economic potential.

“Preparing vision documents for 15 years and strategy for 7 years & action plan for 3years on Prime Minister’s direction, ”said Amitabh Kant, CEO, NITI Aayog

Over 500 business and political leaders, including top policymakers and CEOs are participating in the sessions that will throw light on industrial revolution, infrastructure investment and start-ups.