Government has undertaken many path breaking economic reforms: Modi

Vastavam web: Prime Minister Narendra Modi on Saturday said his government has undertaken many path breaking economic reforms, making the country the most preferred investment destination with the highest FDI in last fiscal at USD 60 billionInaugurating the two-day ‘Global Investors Summit’ hosted by Assam, Modi said the NDA government has speeded up the functioning of official machinery and “we want all programmes to be completed before target”.”The Act East Policy requires increased people to people contact, trade ties and other relations with countries on India’s east, particularly ASEAN countries,” he said

The prime minister said the tagline of the summit ?Advantage Assam: India?s Express way to ASEAN? is not just a statement but is a comprehensive vision.”The Union government has taken up many path breaking economic reforms?in last three-and-a-half years, which have simplified procedures for doing business,” he said.He said India has become the most preferred investment destination in the world and the highest USD 60 billion FDI came to India in 2016-17.

Modi said his government has changed the functioning style of the official machinery and it was now working with greater speed.”We want all programmes to be completed before target,” he said.Those present at the event included Bhutanese PM Tshering Tobgay, several Union ministers, Assam Chief Minister Sarbananda Sonowal, chief ministers of Arunachal Pradesh and Manipur, ambassadors and high commissioners of 16 countries, RIL chairman Mukesh Ambani, Tata Sons chairman N Chandrasekharan besides other.The summit?aims at highlighting Assam’s core competencies in different sectors along with the policy initiatives taken by the state government.