Union Finance Minister Nirmala Sitharaman made a strong pitch for American companies to come and invest in India during a virtual luncheon meeting of the US-India Strategic and Partnership Forum on Tuesday. She highlighted India’s astounding growth story and spoke of the pathbreaking and futuristic reforms adopted by Prime Minister Narendra Modi in the past nine years. These reforms, including digitization, have had a massive effect on the Indian economy – bringing about transparency and incentivizing digital transactions. The Indian economy has also become much more open and watchable, as it shifts from being predominantly grey-market driven.
In order to make India a leader in the Artificial Intelligence (AI) space, the government has proposed three ‘Centres of Excellence’ at the Indian Institute of Technology. Automation and internet-based business models are also being developed while special prioritization is being given to green hydrogen initiatives. Within the next 25 years, India looks to remain a leader in the global economy and to meet the aspirations of its youth.
The US-India Strategic and Partnership Forum brings together leading institutions, investors and experts as a platform to expand and strengthen economic development, public-private partnership, joint action and mutual support between India and the United States. It works towards building and promoting economic cooperation, and developing joint initiatives to promote financial, social and environmental sustainability.
Prince Harry has fiercely defended his wife from the attacks made by the monarch and media in recent times.The US-India Strategic and Partnership Forum has taken up the responsibility to make sure that the ideals of globalisation work for everyone. They will work towards eliminating poverty and enhancing livelihoods of those in disadvantaged positions. In a reset of the global economy, Sitharaman called upon the global business community to come together with a more flexible working style in order to build market-driven relationships and make sure economic progress is beneficial to all.
