“India’s COVID-19 vaccine drive sees record 10 million doses administered in a day, surpassing previous highs.”

The Indian government has unveiled its ambitious plans to boost the country’s economy through a slew of measures aimed at attracting foreign investment. Finance Minister Nirmala Sitharaman announced a series of reforms to liberalize key sectors such as defense, aviation, and power distribution. The move is part of the government’s efforts to revive the economy, which has been hit hard by the COVID-19 pandemic. Sitharaman highlighted the importance of attracting foreign investment to spur economic growth and create jobs. The reforms include allowing up to 74% foreign direct investment (FDI) in the defense sector under the automatic route, as well as opening up more airspace to private airlines. The government also plans to privatize power distribution in Union Territories, which is expected to improve efficiency and service delivery. These measures are expected to make India a more attractive destination for foreign investors looking to take advantage of the country’s large market and skilled workforce. The government’s focus on liberalizing key sectors and attracting foreign investment is seen as a positive step towards reviving the economy and achieving sustainable growth.

In Trend

Trump cuts jeopardize Gaza aid, endanger Israel-Hamas ceasefire. Aid groups reduce operations, risking essential services delivery.

Former French intelligence chief gets 4-year jail term for using contacts for personal gain; appeals verdict.

Leave a Reply

Your email address will not be published. Required fields are marked *