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PM meets venture capital, private equity funds to gather inputs ahead of Budget

By IANS | Updated: December 18, 2021 01:05 IST

New Delhi, Dec 18 Prime Minister Narendra Modi on Friday hosted a roundtable interaction with representatives of venture ...

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New Delhi, Dec 18 Prime Minister Narendra Modi on Friday hosted a roundtable interaction with representatives of venture capital and private equity funds.

According to the Prime Minister's Office, this is a part of the constant endeavour of the Prime Minister to boost the investment climate in the country, and the motive of the Friday's meeting was to gather inputs ahead of the next budget for FY22.

"He (Modi) discussed the efforts undertaken by the government to bring in more reforms, future potential of initiatives like PM GatiShakti, and steps taken to reduce the unnecessary compliance burden," the PMO said in a statement.

"He also mentioned the innovation happening in India at the grassroot level and the boost to the startup ecosystem," it added.

The representatives also discussed the opportunities that are emerging because of India's exemplary climate commitments including the ones in the sphere of energy transitions, the statement added.

The private equity funds and venture capitalists gave inputs about areas like FinTech and Financial Management, and Software as a Service (Saas).

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: indiaNew DelhiFintechNarendra ModiPrime minister's officeThe new delhi municipal councilDelhi south-westIndiUk-indiaRepublic of india
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