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The Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley arrives in Singapore yesterday on a two day official visit; Meets investors and key Singapore Government officials; Highlights the major reforms undertaken by the present Government; Asks the Investors to come and invest in India which has now become most favourable and attractive destination for Foreign Direct Investment (FDI) in the world

News and Press Release - Dated:- 16-11-2017 - The Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley said that India has become most favourable and attractive destination for Foreign Direct Investment (FDI) evidenced by the fact that it has become one of the largest recipient of FDI in the world. The Finance Minister, Shri Jaitley was delivering the Introductory Address at the Investors Roundtable Meet in Singapore yesterday. The Investors Roundtable was jointly organized by the .....

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twin balance sheet problem and revive private investment. The Finance Minister also spoke about the major initiatives undertaken by the present Government including the crackdown against black money through demonetization and other follow-up measures; and major changes in the Foreign Direct Investment (FDI) Policy regime, with an aim to make it more liberal and investor friendly. He also highlighted the Ease of Doing Business measures initiated by the present Government in last three years resu .....

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mal economy. Shri Jaitley further said that demonetisation has also helped in bringing-out black money by giving identity to anonymous cash. The Finance Minister also spoke on India s growing economy; stable currency, liberalisation of Foreign Direct Investment (FDI) policies and India s attractiveness as a global destination for Start-ups among others. He also dwelt on how Aadhaar revolution coupled with Financial Inclusion and its potential applications in transferring of Pension, Scholarship .....

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the Finance Minister visited the India Pavilion set-up by the Invest India, along with the State Governments of Andhra Pradesh, Uttarakhand, West Bengal and Maharashtra which are also participating in the said Expo. The Finance Minister Shri Arun Jaitley later met Mr Tharman Shanmugaratnam, Deputy Prime Minister of Singapore, and discussed the issues of mutual interest between India and Singapore. He also held bilateral meeting with his Singapore counterpart and Finance Minister Mr Heng Swee Ke .....

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; multiple issues of mutual interest were discussed in the Meeting. Shri Subhash Chandra Garg, Secretary, Department of Economic Affairs (DEA), Ministry of Finance, Government of India had a comprehensive bilateral meeting with Ms Tan Ching Yee, Permanent Secretary, Ministry of Finance, Government of Singapore and discussed issues relating to Singapore s concerns on the matters of Double Tax Avoidance Agreement (DTAA), review of the Singapore-India Comprehensive Economic Cooperation Agreement (C .....

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