IGI Logo

In a step towards encouraging investments in the country, Finance Minister (FM) Nirmala Sitharaman has assured investors that the government will address any possible pain points. The Finance Minister encouraged constant engagement with investors to understand and address their concerns. Sitharaman also said that she is open to receive suggestions, understand pain points and offer necessary redressal wherever possible.

Sitharaman also noted that in order to promote a robust StartUp ecosystem in India, DPIIT (GoI) has set up a very proactive StartUp cell and encouraged those interested in Indian StartUps to engage with DPIIT (GoI). FM also underlined various government initiatives focused on women-led development such as schemes for Self Help Groups (SHGs) and Direct Benefit Transfer which have especially benefited rural women, and others such as Mudra Yojana that have empowered women entrepreneurs.

Besides, Finance Minister said that India, in pursuit of digitization, has announced introduction of Digital Currency by 2023. She also elucidated that Financial Inclusion (FI) will not be the sole purpose of this as India is already marching ahead to greater FI, achieved through JAM (Jan Dhan-Aadhaar-Mobile) trinity.