PM Narendra Modi: India is Fastest Growing Economy in the World
Prime Minister of India Narendra Modi said that India has become the fastest growing economy in the world with the GDP growth rate of 7.4%, reports the Hindustan Times.
Talking about steps taken by the government to ease setting up of new businesses in India, the PM said that the number of permissions needed to set up hospitality industry being brought down from 110 to 20. He also mentioned that "our effort is to make policies predictable in order to attract investments."
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