• search

Improving infrastructure is at the center of govt's priorities: Jaitley

By Vikas
Subscribe to Oneindia News
For Quick Alerts
ALLOW NOTIFICATIONS
For Daily Alerts

    At the India-Korea Business Summit, Union Finance Minister Arun Jaitley on Tuesday said rural infrastructure must be improved in order to bring about a change in 'quality of life' of people residing in villages.

    This year, the theme of the summit is "India-Korea: Scaling up the Special Strategic Relationship through Trade and Investments".

    Union Finance Minister Arun Jaitley

    "India aspires not only conventional infrastructure but also rural infrastructure so that the quality of life of those people can improve effectively. Infrastructure has been on the center-stage as far as our priorities are concerned," Jaitley said in his address.

    The agenda of the summit focused on specific sectors where new and immediate opportunities exist for Korean and Indian companies such as Infrastructure, ICT, Power, Smart Cities, Manufacturing and other strategic areas of collaborations.

    Over 200 business delegates including top executives of some leading Korean business conglomerates and Government officials are participating in the Summit. India and Korea are the third and fourth largest economies in Asia.

    [India-Korea bound by 'Buddhist traditions': Modi]

    Speaking at the event earlier, PM Modi had said that "India is now ready for business", and assured his support to the Korean investors. Emphasising that Korea has given exemplary products to the world, Modi admired the way Korea created and sustained a global brand. Modi said that his government has created a stable business environment, which offers a lot of potential for huge investment.

    OneIndia News

    For Breaking News from Oneindia
    Get instant news updates throughout the day.

    X
    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more