‘Make Strategies to Attract Foreign Investments to Boost Country’s Economy,’ PM Modi Directs Officials

New Delhi: At a time when the Indian industrial sector is going through a tough phase because of the coronavirus pandemic, Prime Minister Narendra Modi on Thursday held a comprehensive meeting with ministers and ministry officials to discuss strategies to attract more foreign investments into the country. Also Read – Ministry of Commerce Working on Financial Package For Tea Industry: Official

During the meeting, PM Modi discussed innovative ways to promote local investments in order to give a boost to the economy against the backdrop of the COVID-19 pandemic. Also Read – Amid Lockdown, Tea Industry Seeks 50% Workforce in West Bengal Gardens

As per updates from the PMO, PM Modi told the officials concerned that the action should be taken for a more proactive approach to handhold the investors, and also to look into their problems and help them in getting all the necessary Central and State clearances in a time-bound manner.

During the meeting, it was discussed that a scheme should be developed to promote more plug and play infrastructure in existing industrial lands/plots/estates in the country and provide necessary financing support.

The meeting also discussed various strategies to bring investments into India on fast-track mode and to promote Indian domestic sector.