PM urges parties to reach consensus on simultaneous polls

PM urges parties to reach consensus on simultaneous polls

Speed Post News Network New Delhi : Addressing floor leaders of parties in the Rajya Sabha and Lok Sabha here on December 14, 2017, ahead of Winter Session of Parliament beginning on More »

NHRC orders probe into torture of NOIDA Juvenile Home inmates

NHRC orders probe into torture of NOIDA Juvenile Home inmates

Speed Post News Network New Delhi : The National Human Rights Commission ( NHRC) has taken suo motu cognizance of a media report that amidst torture, abuse and disease, Home for juveniles  More »

Sindhu wins second match in BWF Super Series Finals at Dubai

Sindhu wins second match in BWF Super Series Finals at Dubai

Speed Post News Network Patna : World Number 3 P V Sindhu, 22, India, won her second match in the Women’s section of BWF Super Series Finals at Dubai on December 14, More »

Axelsen, Srikanth suffer defeats in BWF Super Series finals

Axelsen, Srikanth suffer defeats in BWF Super Series finals

Speed Post News Network Patna : World Number 4 Badminton player Kidambi Srikanth, 24, India, lost his second consecutive match in the BWF Super Series Finals at Dubai on December 14, 2017. More »

England 305/4 at stumps on Day 1 in 3rd Ashes test at Perth

England 305/4 at stumps on Day 1 in 3rd Ashes test at Perth

Speed Post News Network Patna : England were 305/4 at stumps on the first day of the third Ashes test against Australia at WACA Ground, Perth, Australia, with Dawid Malan batting on More »

Goons destroy wheat crop on 50 acre at W Champaran village

Goons destroy wheat crop on 50 acre at W Champaran village

Speed Post News Network Bettiah : A gang of musclemen carrying firearms laid siege to village Singhpur village under Mainatand police station in West Champaran district and destroyed wheat crop on about More »

 

Jaitley asks business leaders to invest in infrastructure sector

Speed Post News Network

New Delhi : Union Finance and Corporate Affairs Minister Arun Jaitley on December 6, 2017, asked business leaders for making investments in infrastructure sector to build a stronger India.

The Finance Minister said that private investment along with public and foreign investment are the key to boost growth and create job opportunities. Jaitley was holding his third Pre-Budget Consultation Meeting with the business leaders and representatives of the various Chambers of Indian trade and industry here on Decembr 6. Highlighting the importance of investment in infrastructure sector, the Finance Minister said the Government has taken various steps and has also set-up National Investment and Infrastructure Fund (NIIF) among others to boost investment in this sector, according to a PIB release.

The representatives of the Indian Trade and Industry Associations/Chambers present during the aforesaid meeting included Shobana Kamineni, President, CII, Sandeep Jajodia, President, ASSOCHAM, Pankaj Patel, President, FICCI, B N Kalyani, Bharat Forge Ltd,  Ganesh Kumar Gupta, President, Federation of Indian Exports Organisation (FIEO).

Various suggestions were made by the business leaders and the representatives of different Chambers of Indian Trade and Industry among others. The major suggestions/demands included permitting the purchase of Banks’ Recapitalization Bonds by the institutes and the public at large, reducing Government stakes in Public Sector Banks(PSBs), setting-up of Land Bank Corporation for monetization of Government lands including the land belonging to Army, Railways and Public Authorities, setting-up of National Power Generation Corporation and creation of National Innovation Fund.

Leave a Reply

Your email address will not be published. Required fields are marked *