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Goyal highlights ease of doing biz in India
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SME Times News Bureau | 23 May, 2015
Coal and Power Minister Piyush Goyal said the Bharatiya Janata Party
(BJP)-led government has laid a concrete foundation for ease of doing
business in India and was working hard to keep the country
corruption-free.
"Since assuming office, our government has laid a
very solid foundation for the ease of doing business in the country,"
he said at a meeting with businessmen here organised by US India
Business Council.
"India's power generation capacity has grown
significantly. We have seen 8.5 percent growth in power generation year
over year. We aim to provide electricity to all Indians by 2019," he
added.
Goyal claimed that the first year of the Narendra Modi-led government was completely "scam-free".
The
minister also said the government was taking various steps to boost the
energy sector, like enhancing the production target from renewable
sources five-fold over the next seven years to 175 GW.
He invited
US businesses to invest in India, saying the government was creating a
framework for greater private participation across sectors, with the
power sector alone offering a huge $250 billion opportunity.
During
his visit here, Goyal has met with prominent members of the US
administration, including Energy Secretary Ernest Moniz and Commerce
Secretary Penny Pritzker.
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