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बेसिक इंग्लिश का दूसरा सत्र (कक्षा प्रारंभ : 22 अक्तूबर, शाम 3:30 से 5:30)
India Investment Summit 2016
Feb 16, 2016

A 2-day India Investment Summit 2016 was recently organized in the national capital. Inaugurating the summit, Finance Minister Arun Jaitely launched the Logo of National Investment and Infrastructure Fund (NIIF). 

In his inaugural speech, the Finance Minister said that India is definitely on the move. Whenever there was a global economic turmoil in the past, India has always showed resilience. India has withstood successfully even during the period of 2008-09, financial crisis in the world. In the last 19 months, the Government has taken various initiatives and has opened India's economy for investment in different sectors.  Not only Central Government but State Governments and local bodies are working towards ease of doing business and make process transparent.

  • India has one of the fastest growing highway sector in the world. 

  • The Government is working towards rationalisation of Indirect tax regime and soon the Goods and Services Tax (GST) law will become a reality. 

  • In the summit the Government highlighted the economic reforms undertaken, the investment opportunities in different sectors and the structure of National Infrastructure and Investment Fund (NIIF). 

  • In the year of 2016-17 and thereafter, NIIF will be the major driving force for investment in India's Infrastructure. 

  • NIIF can emerge as a major vehicle to bring lot of foreign investment for infrastructure in India. 

  • India continues to be bright spot in turbulent times and an attractive destination for foreign investment.

Along with the Finance Minister, Arun Jaitley, Sheikh Hamid Bin Zayed Al Nahyan, Managing Director, Abu Dhabi Investment Authority (ADIA), senior officials of Ministry of Finance and other participating Ministries, State Governments and representatives of various Sovereign Wealth Funds, Pension Funds and institutional investors both domestic and international, were also present.

The Indian delegation led by the Union Finance Minister held a bilateral meeting with UAE official delegation led by Sheikh Hamid Bin Zayed Al Nahyan, Managing Director, Abu Dhabi Investment Authority on the sidelines of India Investment Summit 2016.


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