FM in US: Govt to address pain points to push investments in India

India Finance Minister Nirmala Sitharaman assured investors on Tuesday that the government would handle any potential issues to attract investment in the country. The minister encouraged constant engagement with investors to understand and address their issues while speaking at a roundtable on 'Investing in India's Digital Revolution' in San Francisco.

The Finance Minister stated that she was willing to listen to suggestions, comprehend pain spots, and provide required remedy when possible.  "FM Smt. @nsitharaman remarked that @DPIITGoI has set up a highly aggressive StartUp cell and invited anyone interested in Indian StartUps to connect with @DPIITGoI in order to promote a healthy StartUp ecosystem in India," Finance Ministry said in a tweet.

During the discussion, Silicon Valley investors conveyed their belief that India's potential for developing Unicorn firms is enormous.  "In the quest of digitization, India has declared the introduction of DigitalCurrency by 2023," FM added. Another tweet stated, "She also clarified that FinancialInclusion FI will not be the main aim of this as India is already pushing ahead to higher FI, attained through JAM trinity."

Earlier in the day, the Finance Minister had a discussion with a group of Stanford University students about a number of issues. Finance Minister also took part in a roundtable conversation with female CXOs from a variety of areas, including fintech, health, education, and information technology, among others.

The focus of the conference was on how they could continue to contribute to India's development story. "Sitharaman highlighted many Govt initiatives that are focused on women-led development, including as programmes for SHGs and DirectBenefitTransfer that have helped rural women in particular, and others like MudraYojana that have empowered women entrepreneurs," read another tweet.

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