“I would like to discuss about the deregulation commission, which was mentioned in the budget. We are talking with states about it…. Deregulation commission would help in developing investment-friendly regulatory system in the states,” he added.
Inaugurating the Global Investors Summit here on Monday, he said a time limit is also being fixed for assessment of customs duty cases. The basic duty structure has been simplified in the budget, he added.
The Prime Minister said the government has been pushing for reforms for the last one decade and such measures are being encouraged at the state and local level.
“For the first time in the history of Bharat, there is an occasion when the whole world is so optimistic about it,” he added. The commoners and economists, countries and institutions worldwide are optimistic about India and have great expectations from Bharat, he said at Invest Madhya Pradesh -Global Investors Summit-2025.
Modi said the World Bank has expressed confidence that India will continue to be the world’s fastest growing economy in the coming years.At the summit, the Prime Minister also unveiled Madhya Pradesh government’s 18 new policies, aimed at attracting major investment to the state. “With a strong talent pool and thriving industries, MP is becoming a preferred business destination,” he said. “This is the time, and right time, to invest in the state.””The speed of development in MP has doubled after the formation of the ‘double engine’ government in the state,” he said. MP is among the leading states in the country’s electric vehicles revolution and in agriculture, and in the top five in minerals, he said.
“MP is blessed with Maa Narmada (river), the life-giver,” the PM said.
