Incentives for overseas Indians to invest in India

January 9th, 2009 - 6:06 pm ICT by ANI  

Narendra Modi

Chennai, Jan 9 (ANI): Deputy Chairman of Planning Commission Dr. Montek Singh Ahluwalia today said that the Pravasi Bharatiya Divas provides a platform to the overseas Indians to explore opportunities for investment in India.
Speaking in a plenary session of the diaspora interaction with the states in Chennai today, he said that during the 11th Plan, the Union Government has fixed priority in the fields of Rural Development Infrastructure Health and Urbanisation.
He also urged the Chief Ministers of States to share water resources amicably as this would enhance the development of the country.
The State Governments have been given concessions in implementing the development projects and also are encouraged to opt for World Bank assistance in infrastructure and rural development.
During the session, Union Minister for Overseas Indian Affairs and Parliamentary Affairs, Vayalar Ravi said that Global Indian knowledge network would serve as a knowledge bank for the vast network of people of Indian origin who can get their specific questions answered with the help of professionals all around the world.
In this session, Chief Minister of Andhra Pradesh Dr. Y. S. Rajasekhara Reddy, Chief Minister of Gujarat Narendra Modi, Lt. Governor, Andaman and Nicobar Lt. Gen (Retd.) Bhopinder Singh, Deputy Chief Minister of Bihar Sushil Kumar Modi, Minister for Power and Parliamentary Affairs of Haryana Randeep Surjewala, Minister of Industries of Kerala Elamaram Kareem and Minister for Industry of Punjab Shri Manoranjan Kalia addressed the participants and called for NRI investment in their respective states.
They also listed the incentives offered to attract investments in various sectors. (ANI)

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