Learn bits
Economy, I.R.
Pradeep Kumar

25/06/21 10:05 AM IST

US-India Strategic Partnership Forum (USISPF)

In news

Finance Minister Smt. Nirmala Sitharaman addresses US-India Strategic Partnership Forum (USISPF) Board of Directors Investment Roundtable

Details
  • The event provided investors with an opportunity to engage with the Union Finance Minister and senior officials of Indian Government to discuss potential investment opportunities and deliberate on the role of ongoing policy reforms that will enable greater Ease-of-Doing-Business in India.  
  • The Finance Minister remarked that macro-economic stability, infrastructure-led economic growth opportunities, financial sector reforms, and positioning as a strong player in global supply chains are just some of the ways India continues to rise as a global economic powerhouse.
  • The US-India Strategic Partnership Forum (USISPF) is a non-profit organization, with the primary objective of strengthening the India-US bilateral and strategic partnership through policy advocacy in the fields of economic growth, entrepreneurship, employment-creation, and innovation.

The broad messages conveyed to the investors were

  • Significant drop in new COVID infections in the country and decline of second wave
  • Strong Relief and Reforms undertaken by Government during the pandemic times
  • Continued macro-economic stability and resilience in economic recovery in the recent months
  • Vision to make India Self-Reliant (Aatma Nirbhar Bharat)
  • Steps taken for Infrastructure led economic growth
  • Creating multi-sectoral opportunities for investors
  • Strong track record of reform implementation in the last 6 years
  • Other strengths/advantages of India as an investment destination
  • Opportunities for investment in Climate, ESG and Sustainability focused investments.
Source: PIB

More Related Current Affairs View All

23 Sep

Quad grouping

'Prime Minister Narendra Modi arrived in the United States, where he will participate in the fourth Quad Leaders Summit in Wilmington, Delaware.' Quad s the grouping of four de

Read More

21 Sep

India Achieves Tier 1 Status in Global Cybersecurity Index 2024

' India has secured Tier 1 status in the Global Cybersecurity Index (GCI) 2024, published by the International Telecommunication Union (ITU).' The GCI is a comprehensive assessm

Read More

21 Sep

A new White Revolution

'Operation Flood, launched in 1970, ushered in the White Revolution and transformed the dairy sector in India.' Dairy cooperatives procured 660 lakh kg of milk per day in 2023-2

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps