Centre planning to invest Rs 1 lakh crore in infrastructure sector in five years: Nirmala Sitharaman
She also said that the government is also open to further reforms for making India a more attractive investment destination and invited Swedish firms to invest in infrastructure development projects. “We are going through a phase of responding to challenges the Indian industries are facing. Before budget 2020, we took a call that the fiscal rewarding step which we had to project didn’t have to wait,” she said adding the corporate tax rate cut was done between the two budgets.
She said that the government is open to further reforms for making India a more attractive investment destination. “I only can invite and assure that the Government of India is committed for further reforms in various sectors whether it is banking, mining or insurance and so on,” she said.