01-01-1970 12:00 AM | Source: Accord Fintech
Wide-ranging reforms make India attractive destination for foreign investments: FM Nirmala Sitharaman
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Finance Minister Nirmala Sitharaman has said that India's continuous wide-ranging reforms make the country an attractive destination for foreign investments. She also mentioned about stimulus packages announced recently; as well as strong, calibrated relief and reforms during COVID leading to sharp decline in new infections with ramping up of the vaccination programme.

Continued macro-economic stability and resilience in economic recovery in the recent months, focus on infrastructure-led economic growth, and multi-sectoral opportunities for investors are some of key highlights shared by the Finance Minister. She also said India has vibrant and pulsating financial markets, enormous investments opportunity in infrastructure sector and R&D.

Sitharaman also mentioned this year's budget initiative pertaining to International Financial Services Centre (IFSC) at GIFT City, where the government is committed towards developing it into a globally competitive hub for innovation and financial activities to serve the Indian economy and the region as a whole.