With an aim to attract US business honchos to invest in India, Prime Minister Narendra Modi who is on his maiden visit to the United States, had a breakfast meeting with the CEOs of 11 top US companies on Monday.
At the meeting, PM Modi said that Infrastructure development is a big opportunity, it creates jobs and enhances quality of life of our citizens.
He also said that India is open-minded. “We want change. Change that is not one sided,” Modi said.
Narendra Modi further said, “We want to convert the Supreme Court judgment on coal allocation into an opportunity to move forward and clean up the past.”
The SC last week quashed allocation of 214 out of 218 coal blocks alloted to various companies since 1993 terming it as "fatally flawed" and allowed the Government to take over operation of 42 such blocks which are functional.
Modi's statement comes in the backdrop of concerns that the judgment would have an adverse impact on corporate sentiments and overall business climate.
PM Modi told the top CEOs, “It is my conviction that tax stability is essential for confidence building.”
Meanwhile, Prime Minister Narendra Modi gifted famous Indian tea to the captains of 11 large American corporations.
The signature gift box containing three famous tea of India - Darjling, Assam and Nilgiri - was presented by the Prime Minister after he hosted a breakfast meeting for them.
At the meeting, PM Modi said that Infrastructure development is a big opportunity, it creates jobs and enhances quality of life of our citizens.
He also said that India is open-minded. “We want change. Change that is not one sided,” Modi said.
Narendra Modi further said, “We want to convert the Supreme Court judgment on coal allocation into an opportunity to move forward and clean up the past.”
The SC last week quashed allocation of 214 out of 218 coal blocks alloted to various companies since 1993 terming it as "fatally flawed" and allowed the Government to take over operation of 42 such blocks which are functional.
Modi's statement comes in the backdrop of concerns that the judgment would have an adverse impact on corporate sentiments and overall business climate.
PM Modi told the top CEOs, “It is my conviction that tax stability is essential for confidence building.”
Meanwhile, Prime Minister Narendra Modi gifted famous Indian tea to the captains of 11 large American corporations.
The signature gift box containing three famous tea of India - Darjling, Assam and Nilgiri - was presented by the Prime Minister after he hosted a breakfast meeting for them.
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