Union Finance Minister Nirmala Sitharaman will hold a virtual conference on Monday, 15th November 2021, with Chief Ministers, State Finance Ministers, and Lieutenant Governors. The meeting aims to enhance India's investment climate and capitalise on the economic recovery, with several indicators already at pre-pandemic levels. The discussion will focus on fostering a collaborative growth vision, streamlining procedures, and accelerating approvals to encourage investment-led growth.
Union Finance Minister to engage with Chief Ministers, Lt. Governors of Union Territories and State Finance Ministers on Monday
UnionMinister for Finance Corporate Affairs Smt. Nirmala Sitharaman to engage with Chief Ministers of States, their State Finance Ministers and Lt. Governors of Union T
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FAQ :
The meeting will be attended by Chief Ministers of States, their State Finance Ministers, Lieutenant Governors of Union Territories, Secretaries of Government of India Line Ministries, Chief Secretaries, and Finance Secretaries of States.
The main objective is to enhance the investment climate of the country and encourage an open exchange of ideas for collaborative growth.
The economy has picked up after the first quarter of the current fiscal, with green shoots of recovery visible and several indicators at pre-pandemic levels. Projections peg India's GDP growth to be among the fastest globally.
The government has streamlined procedures, removed roadblocks, and provided necessary incentives in the Union Budget 2021-22 to boost foreign investment.
The meeting will aim to create policy discourse and a facilitative environment through a pro-active approach to investment promotion, efficiencies from Ease of Doing Business reforms, and accelerated approvals.