TIOL-DDT 2627 · Thursday, 25 June 2015 · story 5 of 8

India Story on Firm Footing - Arun Jaitley

ADDRESSING a meeting of the top US investors yesterday, the Finance Minister said,

++ Economic fundamentals are very strong, making India one of the most attractive investment destinations.

++ The India story is on a firm footing and whatever outstanding issues are there are under the government's active consideration.

++ The lack of majority in the Rajya Sabha does not lead to indefinite delays and in fact there are no precedence of permanent hold up.

++ Look at India as a destination where investments can be committed now, without delay.

The collective value of the Assets Under Management of the Investors inside the room was said to be upwards of USD 1 trillion.