Wednesday, 19 August 2015

Jaitley pitches for opening up economy, with riders

Finance Minister Arun Jaitley on Tuesday asserted that India must completely open up its economy to global investment, except for rare sectors. " we have seen in the last 15 months, I think one of the first principles was except for rare sectors, India must accept that it has to completely open up. "

And therefore, sector after sector which remained closed, we have to offer ourselves as a recipient of global investment, and that is the direction in which the present policy regime of the government has moved," he said at the SBI Banking and Economics Conclave.

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