Sitharaman further said that the government of India offers policy certainty and political stability coupled with skilled manpower and high digital tech adaption rate resulting in wide opportunities for investments in the country. …reports Asian Lite News
Finance Minister Nirmala Sitharaman on Tuesday met a delegation of the US-India strategic partnership forum and discussed boosting trade and investment climate.
“Union Finance Minister Smt. @nsitharaman met with a delegation led by Mr. @JohnTChambers, Chairman, US-India Strategic Partnership Forum @USISPForum, comprising of business leaders and senior executives, in New Delhi, today. Discussion during the meeting revolved around the India-US strategic partnership, boosting trade and investment climate based on shared interests in global security, stability, and economic prosperity,” the Finance Ministry posted on ‘X’.
“FM @nsitharaman highlighted various initiatives taken by Govt of India led by Prime Minister @narendramodi that has laid the foundation for the Indian economy to support growth at its full potential. FM also highlighted India’s success in achieving Nationally Determined Goals #NDCs by using its own funds in combatting #ClimateChange, as committed in Paris Agreement,” the post added.
She also stated that significant investment opportunities are available in infrastructure sector and the Indian government has taken various steps to facilitate investments in infrastructure and other sectors of national importance.
Sitharaman further said that the government of India offers policy certainty and political stability coupled with skilled manpower and high digital tech adaption rate resulting in wide opportunities for investments in the country.
Meanwhile, Sitharaman set to embark on an official three-day visit to Sri Lanka. She will deliver a keynote address at “NAAM 200” — the 200th anniversary of the arrival of Indian-origin Tamils in Sri Lanka.
Sitharaman will also inaugurate SBI branches at Trincomalee and Jaffna on November 2 and November 3, respectively.
Sitharaman will also visit Lanka IOC Oil tank farms, Jaffna cultural centre and Jaffna public library during her official visit.
“NAAM 200” will be graced by Sri Lanka President Ranil Wickremesinghe, Prime Minister Dinesh Gunawardena and other senior ministers.
Other invitees from Indian political parties and representative of Malaysian Tamil Congress will also be present in the event.
Sitharaman will also deliver a keynote address at the India Sri Lanka Business Summit on the theme ‘Enhancing Connectivity: Partnering for Prosperity’, being jointly organised by Confederation of Indian Industries (CII), Indo-Lanka Chamber of Commerce & Industry, and the Ceylon Chamber of Commerce, on November 2.
As part of the official visit, she will have call-on meetings with President Wickremesinghe and Prime Minister Gunawardena.
Sitharaman will also witness the exchange of the MoU for solar electrification of religious places in Sri Lanka wherein India will allocate Rs 82.40 crore out of the government of India grant assistance of Rs 107.47 crore earmarked for the promotion of Buddhist ties.
She will also visit Sri Dalada Maligawa (The Temple of the Sacred Tooth Relic) in Kandy, Jaya Sri Maha Bodhi in Anuradhapura, Thirukoneswaram Temple in Trincomalee and Nallur Kandaswamy Temple in Jaffna during the course of her visit to Sri Lanka.