Govt to highlight big-ticket reforms at Pravasi Bhartiya Divas
Government will highlight the big-ticket reform measures and policy initiatives to woo overseas Indian investors at the next Pravasi Bhartiya Divas.
New Delhi: Government will highlight the big-ticket reform measures and policy initiatives to woo overseas Indian investors at the next Pravasi Bhartiya Divas -- India`s annual event to connect with its diaspora -- to be held in Kochi from January 7.
Attracting investment, highlighting resilience of the economy and explaining steps taken to reverse the growth slump will be the major focus of the three-day event. Over 2,000 overseas Indians, including top businessmen, entrepreneurs and economists, from 60 countries are expected to participate in the Divas.
"The main focus of the 11th Pravasi Bhartiya Divas will be to highlight resilience of Indian economy and to woo the investors to diverse sectors of the economy," Overseas Indian Affairs Minister Vayalar Ravi told a press conference.
Mauritius President Rajkeswur Purryag will be the chief guest of the event, he said.
Prime Minister Manmohan Singh will address the high- profile event on January eight while President Pranab Mukherjee will deliver the valedictory address the next day.
A number of Union Ministers will directly interact with the delegates to address their queries on investment and other issues besides briefing them about the long-awaited reforms measures like increasing foreign investment caps in multi-brand retail and aviation to rebound the growth rate.
India`s economic growth rate during 2011-12 slipped to a nine year low of 6.5 per cent. The government has announced a slew of reform measures to revive growth.
Chief Ministers of various states have also been invited to the event for separate interaction with the delegates so that they can address various issues.
Ravi, whose Ministry organises the event, said government will also use the platform to enhance engagement with young overseas Indians.
Pravasi Bhartiya Divas is being held in Kochi following a request from Kerala Chief Minister Oommen Chandy, he said. The last Pravasi Bhartiya Divas was held in Jaipur.