Union Minister Nitin Gadkari said, more foreign investment will be needed for the development of the country.
Union Minister Nitin Gadkari has said that. At present, the economic condition of NHAI is indeed in better shape. At the same time, to make policy, many types of initiatives need to be developed, through which we can get more foreign direct investment (FDI) in the country.
- January 20, 2021, 11:19 PM IST
At the ‘Leadership Summit 2021’ and 14th Institute of Chartered Accountants of India Awards (ICAI Awards), Gadkari said that Chartered Accountants are the engines of our economy. At present, the economic condition of NHAI is indeed in better shape. Income from our existing toll tax is Rs 34,000 crore per year and by 2025 we will have an income of Rs 1.34 lakh crore annually. He said that the Indian economy is the fastest growing economy in the world. Now the country needs to do different types of new experiments in financing.
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There is a need for more foreign investment for the development of the country Union Minister Gadkari said that our total system is digital. I am sure that we need foreign investment for the development of the country. He said that different types of initiatives need to be developed for policy making, through which we can get more Foreign Direct Investment (FDI) in the country. Gadkari also said that socio-economic changes and poverty alleviation are major challenges, but it is possible to convert knowledge into wealth with new funding models, new technology and research skills.