PM Modi Brainstorms With Business Leaders, Asks Industry To Take Risk, Invest, Prime Minister Narendra Modi on Tuesday asked India Inc to increase risk-taking appetite and step up investments even as industry leaders pressed for interest rate cut and more policy action to improve ease of doing business.
“Prime Minister has said that industry must take risk and increase investments…we must go out and invest. Industry has a role to play,” CII president Sumit Mazumder told reporters after the meeting of Prime Minister with CEOs, bankers, economists and bureaucrats on the global economic slowdown.
Several industry leaders meanwhile pitched for interest rate cut saying it would help them take risks and scale up investments.,
