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Asserting that continuous reforms make India a great place to do business, Finance Minister c Sitharaman has invited global investors to take advantage of the recent FDI reforms, the privatisation policy and the performance linked incentive (PLI) scheme. She said that the fiscal situation is under control and is expected to improve further, and also emphasized the strong fundamental of the economy.

Sitharaman has stated that the fiscal deficit for 2020-21 was at 9.3 percent of the gross domestic product (GDP), lower than 9.5 percent estimated by the finance ministry in the revised Budget estimates. She noted that COVID-19 and its aftermath has shown the Indian economy's resilience, Sitharaman said, adding that the highest ever Goods and Services Tax (GST) collection shows the bright spot and indicates greater formalisation of the economy and tax compliance.

The minister has stated that the country is committed for a long-term relationship with US investors and proposes to meet twice yearly. She added that macro-economic stability, infrastructure-led economic growth opportunities, financial sector reforms, and positioning as a strong player in global supply chain are just some of the ways India continues to rise as a global economic powerhouse.