Steps to boost investments on anvil: govt
17 Aug 2012 2:47 AM GMT
The government is likely to announce major decisions in the next three weeks to boost investments and revive economic growth, commerce and industry minister Anand Sharma said on Thursday.
‘What can be done is under active consideration. You can expect some firm steps taken by the government. There have been consultations among senior secretaries of the concerned ministries and departments and also between key ministers and the Prime Minister,’ Sharma said.
He was speaking to re orters after holding a meeting with industry leaders from CII and FICCI.
‘We hope that in the next three-weeks, there will be decisions by the government which will bring a positive improvement,’ the minister said. Sharma said the industry has raised issues related to cost of credit, reduction in capacity addition and matters related with foreign direct investment,’ Sharma said.
‘What can be done is under active consideration. You can expect some firm steps taken by the government. There have been consultations among senior secretaries of the concerned ministries and departments and also between key ministers and the Prime Minister,’ Sharma said.
He was speaking to re orters after holding a meeting with industry leaders from CII and FICCI.
‘We hope that in the next three-weeks, there will be decisions by the government which will bring a positive improvement,’ the minister said. Sharma said the industry has raised issues related to cost of credit, reduction in capacity addition and matters related with foreign direct investment,’ Sharma said.
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