Pilot urges centre and states to work together to promote investments

Pilot urges centre and states to work together to promote investmentsSachin Pilot, the union Corporate Affairs Minister has urged the central government and the state governments in the country to work together to attract investment from private sector firms.

He pointed out that the economic growth should create employment opportunities for the people and the government alone cannot offer employment to all the young people in the country. He admitted that are still issues being faced by the investors in the country, but said that the government is working to ensure that the investments are made as easy as possible in India.

“We as government of India have to work very closely with state governments because in New Delhi, you can only do paper work and registration and the compliance. The actual setting of shops happens in states, geographically they have to establish themselves there. Therefore, a close co-operation and of course good working relationship with many state governments is also required,” Pilot said.

He said that India needs to offer a ‘warm, welcoming and comforting environment’ to the private sector firms that come to invest in the country. He was speaking at the Corporate Secretaries International Association's conference.