Prime Minister Narendra Modi has made a strong pitch for the businesses to invest in India during his keynote address at Bloomberg Global Business Forum in New York on Wednesday and said that his government’s reelection was a mandate for development and his only a few months old government had declared its intent by taking several pro-business decisions like cutting of corporate taxes and abolition of redundant laws that were hindering development.
The Prime Minister described the move to reduce corporate tax as a “revolutionary step” which had been received with great enthusiasm by the business community.
“You people often talk about business sentiment, in this election, not only did 130 crore Indians express their sentiment but they also gave their judgment that development is their biggest priority,” the Prime Minister said.
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