PM Modi at CII Session: 'New India Ready to Move Forward with New World'
News 18Praising Indian industry’s continuous effort to make the country better, Prime Minister Narendra Modi said on Wednesday, “New India ready to move forward with new world.” He was addressing a special session organised by Confederation of Indian Industry. “It is the result of the country’s faith in our industry that today the ease of doing business is increasing, and the ease of living is increasing,” PM said. On abolishing the controversial retrospective tax, PM Modi said that his government “undid mistake of the past,” adding, “The abolition of the retrospective tax will strengthen investors’ confidence” Last week, the government brought in a bill, which seeks to nullify retrospective tax demands raised on companies. A host of ministers senior officials, academics, and prominent representatives of India will participate in CII Annual Meeting 2021, according to a post on Prime Minister Narendra Modi’s official website earlier this week.
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