‘Ready to Change Laws,’ PM Modi Tells Investors

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New  Delhi: “We are an IT powerhouse, but Google was not made in India,” said Prime Minster Narendra Modi on Monday, highlighting the need for innovation at a ‘Make in India’ event in the capital on Monday.

Talking of bureaucratic hurdles and red tape that led to what was called a policy paralysis that depressed investor sentiment, the PM said the government must move away “from the culture of avoid, bypass, confuse and delay” and move to one of “responsibility, ownership, accountability and discipline.” He called it the shift from ABCD to ROAD.

He promised to address all concerns of investors under his ‘Made in India’ plan, which aims at smoothening processes to give a big boost to manufacturing in the country. “We are ready to change laws, hasten approvals,” said PM Modi, suggesting a “public-private partnership also in decision making, not just in project investments.”

He emphasised on “going beyond Make in India and developing India as a global brand by producing zero defect and zero environment effect products,” saying brand India must reach every corner of the globe.

The PM also stressed on balanced growth.

The event was held at the Vigyan Bhawan in the capital.

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