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India has been easing lot of restrictions to facilitate businesses and ensure overall ease of doing business, says FM Nirmala Sitharaman

News Point Bureau by News Point Bureau
May 12, 2023
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India has been easing lot of restrictions to facilitate businesses and ensure overall ease of doing business, says FM Nirmala Sitharaman
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Finance Minister Nirmala Sitharaman has said that India has been easing a lot of restrictions to facilitate businesses and ensure overall ease of doing business. Ms Sitharaman said this while interacting with investors and business leaders at an event in Tokyo, Japan yesterday.

She highlighted the Indian government’s key priority to incentivise and facilitate investments by businesses in India through the Production Linked Incentive Scheme. The Minister said, the scheme was initially introduced for 14 sectors and is now being expanded in areas of Semiconductors and solar components. Ms Sitharaman said, the government is focusing on skilling people in the fast-developing area of Artificial Intelligence so that the young population can use it towards innovative solutions for all.

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