New Delhi, Feb 16 (IANS) Union Minister Piyush Goyal Monday said the government was committed to facilitate and protect business in order to make India the "favoured" destination for global investments.
Addressing the Renewable Energy-Invest 2015: First Renewable Energy Global Investors Meet and Expo here, the minister for power, coal and new and renewable energy sought to project India as a new destination of investment for renewable energy in view of its ambitious renewable energy programme with a target of 15 percent generation by 2020.
To achieve the target, the prerequisite is to "make it easier to do business (in India), have consistent policies, ensure our investors that this country is a good place to do business, have bankable contracts, and rule of law in this country," he said.
Goyal said the Narendra Modi-led government seeks to scale up the renewable energy programme as a step towards taking on the scourge of climate change "head-on" and ensure a cleaner world to leave behind a "better, cleaner, and greener India" for posterity.
Stressing on balancing India's growth needs with the requirement to make the country business friendly, the minister said: "While we are pro-poor, we understand that businesses have to be successful and contribute to welfare of the poor in India... this government understands business and acts as a facilitator of business."
"We can have enough energy to provide 24X7 power to every home, industry and commercial establishment. The aim of the government is to dovetail welfare measures for the underprivileged with efforts to make sure that investments in India are protected," he added.
The plenary session of the summit examined the overall renewable energy potential of the country and discussed various investment opportunities.
There was a blast on Wednesday outside the Ministry of Foreign Affairs in Kabul, the capital of A
Student denied internship in Germany over 'rape problem' in India
New Delhi, March 9 (IANS) A professor from Leipzig University in Germany denied internship to a
A girl and two youths who were making reels while standing on the railway track near the Kallu Ga
The Income Tax Department will keep an eye on the expenses of big events of Dhannasheth. In the U
Shreyas Iyer: The doors of the Indian team are getting closed for middle-order batsman Shreyas Iy
Could Salman Khan's next step be towards politics? This time there was a lot of discussion on thi
After the stampede at the Chinnaswamy Stadium, there was screaming and crying everywhere. Fans wh
The Prime Minister of the country Narendra Modi has his birthday on 17 September (Saturday). On t
The International Monetary Fund (IMF) has cut India's economic growth forecast. However, an IMF o
Amazon Deal: Cheapest 5G phone launched on Amazon, starting at Rs 9,999
Amazon Deal On Smart Phone: If there is a plan to get a good phone at a low price, then the newly
