New Delhi: Prime Minister Narendra Modi on Friday hosted a roundtable interaction with representatives of venture capital and private equity funds. According to the Prime Minister’s Office, this is a part of the constant endeavour of the Prime Minister to boost the investment climate in the country, and the motive of Friday’s meeting was to gather inputs ahead of the next budget for FY22.Also Read – How Ganga Expressway Will Improve Connectivity, Boost Economic Development In Uttar Pradesh: 10 Things to Know
“He (Modi) discussed the efforts undertaken by the government to bring in more reforms, future potential of initiatives like PM GatiShakti, and steps taken to reduce the unnecessary compliance burden,” the PMO said in a statement. Also Read – Income Tax Return Due Date: Taxpayers Must Know These Points Before Filing ITR
“He also mentioned the innovation happening in India at the grassroot level and the boost to the startup ecosystem,” it added. Also Read – Kolkata Durga Puja Gets UNESCO ‘Intangible Heritage’ Status, PM Modi Says ‘Matter Of Pride’
The representatives also discussed the opportunities that are emerging because of India’s exemplary climate commitments including the ones in the sphere of energy transitions, the statement added.
The private equity funds and venture capitalists gave inputs about areas like FinTech and Financial Management, and Software as a Service (Saas).
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