Finance Minister said- Indian companies will not be allowed to acquire at throw away prices
In order to give impetus to the economy affected by the Corona epidemic, India’s emphasis will also be on foreign investment. Finance Minister Nirmala Sitharaman gave a message to global investors and said that India believes in the rule of law.
India will also have a strong emphasis on foreign investment to boost the economy affected by the Corona virus. Believes in PM Modi has emphasized on corruption-free, policy-driven approach. We are working on a more favorable policy.
He further said, ‘Indians have been looking abroad for better opportunities. But if we create a good environment in India, then our youth can find interesting and challenging opportunities in the country itself. This should be a big draw for our investors. We have made a lot of improvement in terms of keeping the youth in India, but we still have a lot to do.
On the question of the acquisition, the Finance Minister said that we will ensure that Indian industries are not bought at throwaway prices. The epidemic has created a lot of pressure on the medical infrastructure of the country. Talking about this, he said, ‘We will pay more for health infrastructure, not only public healthcare infrastructure but also our attention will be on the private sector. We want to strengthen the healthcare infrastructure, we have to expand our capabilities to train more doctors and nurses’.
In response to a question by WION executive editor Palki Sharma, Finance Minister Sitharaman said that he got full support from his family in this difficult period. The Union Minister said, ‘My family has been very supportive. I was a little worried about the elders of the house. Especially I had to be more careful, but the family has faced this difficult period ‘.
