Finance minister Arun Jaitley on Sunday said public and private investments must grow to ensure economic growth while helping the country remain unaffected by the slowdown in other countries.
“Certain reforms have to be pushed and we cannot have a change in the direction…and in this states will have to contribute,” Jaitley said at the inaugural session of the CII partnership summit here. The finance minister said that entrepreneurship must be given a push for sustained economic growth.
More states such as West Bengal, Karnataka, Maharashtra apart from Andhra Pradesh are showcasing their strengths in wooing investors, he added. “Finally investors will decide where to invest…they invest after making a conscious choice based on a host of factors,” he said.
He said there was a visible change in India and even the “conventional” states which have not been pro-active in wooing investments are “now wanting capital resources.”