Need competition among states to attract investors, says PM Modi

The PM called for steps to be taken to promote ease of living on a mission mode to ensure that common people have access to an affordable, dignified lifestyle and basic amenities

Stressing that the world’s leading companies want to invest in India, Prime Minister Narendra Modi in his 78th Independence Day address on Thursday called for state-level investment competition, asking them to establish clear policies to attract funding, offer assurances of good governance, and ensure confidence in the law and order situation.

“Every state should engage in healthy competition to attract investors. This competition will bring investment to their states, providing local youth with opportunities and creating jobs,” the Prime Minister said.

He said that if policies need to be changed, states should adapt them according to global requirements and