Washington: Union Finance Minister Nirmala Sitharaman said at an interaction session at the IMF’s headquarters that investors can find “no better place” in the world than India because it has a democracy-loving and capitalist-respecting environment.
She assured the international investors that the government was continuously working to bring reforms.
“It (India) is one of the fastest-growing (economies) even today. It has the best skilled manpower and a government that is continuously doing what is required in the name of reforms, above all democracy and rule of law,” Sitharaman said on Wednesday, explaining why India is the ideal destination for investment.
When asked why investors should allocate funds for India, she said that India is a transparent and open society. The rule of law works and there are a lot of reforms happening, even those to cut down delays, she said.
