Modern, responsive regulatory framework needed to create growth-conducive investment climate: CEA Nageswaran

Chief Economic Advisor V Anantha Nageswaran emphasized the need for India to adopt a modern regulatory framework to attract investments. He highlighted the importance of maintaining a robust investment climate, especially amid global uncertainties. Nageswaran mentioned the positive impact of increasing the FDI limit in the insurance sector to 100 per cent while underscoring the need for policy safeguards.