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Modi outlines reforms, governance as priorities

By Ians
|

New York, Sep 25: In a meeting with nearly 50 of the US' top corporate leaders, Prime Minister Narendra Modi made a pitch for attracting more foreign investments into India and assured continuity in economic reforms and prompt decision-making as his areas of priority.

"Foreign direct investment all over the world has fallen. But in India, it increased by 40 percent.

modi

This reflects confidence in the Indian economy," the prime minister said during an interaction on Thursday with the chief executives, drawn from Fortune 500 companies.

"Reform in governance is my Number One priority. We are for simplified procedures, speedy decision-making, transparency and accountability," the prime minister added, before dining with them at the Waldorf Towers Hotel in Manhattan where he is staying.

Earlier, the prime minister participated in two roundtables -- one on financial sector and the other on "Media, Technology and Communications - Growth Story for India"

He also met individually the US-India Business Council chair Ajay Banga, industrialist and former New York City mayor Michael Bloomberg, Lockheed Martin chief Marillyn A. Hewson and Aecom chief executive Mike Burke.

IANS

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