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Ease compliance burden for investors, PM Modi advises states
Heed investor feedback and focus on easing the compliance burden as tax benefits and free land alone are not sufficient to attract investment. This was the strong message from PM Narendra Modi to states during the governing council meeting of Niti Aayog on Thursday as he sought to position India as an attractive investment destination with strong economic fundamentals amid challenges in several economies. His warning was rooted in the experience of overseas investors, who want to invest but...