Will see how the reforms, pledged by PM Modi, are implemented: US Official
Updated: Jun 30, 2015 11:57:26am
Washington, June 30 (KNN) Private companies look at the investment climate when they’re thinking about investing somewhere and corruption plays into that evaluation and assessment, a top US State Department official said adding that all governments, including India, should address it.
"I would say, speaking generally, we're supportive. I can say Prime Minister (Narendra) Modi's pro-business reforms, including his commitment to fighting corruption as well as his public remarks, recently and regarding improving India's position in the World Bank's Ease of Doing Business report - these are initiatives that clearly take time to implement," State Department Spokesperson Mark Toner said.
"We have been encouraged by some of the reforms that he has pledged to undertake, Prime Minister Modi. We will see how they are implemented," Toner said yesterday.
He said fight against corruption cannot be done in a day.
"This obviously is not something that can be done overnight. But more broadly speaking, corruption is always a concern. So any government should address it," Toner said, adding that the US is supportive of the reform process.
"Certainly private companies, whether they are US or other nationalities, look at the investment climate when they are thinking about investing somewhere and obviously, corruption plays into that evaluation and assessment. So certainly corruption is never a good thing and we encourage all governments including India to address it," he said. (KNN Bureau)
"I would say, speaking generally, we're supportive. I can say Prime Minister (Narendra) Modi's pro-business reforms, including his commitment to fighting corruption as well as his public remarks, recently and regarding improving India's position in the World Bank's Ease of Doing Business report - these are initiatives that clearly take time to implement," State Department Spokesperson Mark Toner said.
"We have been encouraged by some of the reforms that he has pledged to undertake, Prime Minister Modi. We will see how they are implemented," Toner said yesterday.
He said fight against corruption cannot be done in a day.
"This obviously is not something that can be done overnight. But more broadly speaking, corruption is always a concern. So any government should address it," Toner said, adding that the US is supportive of the reform process.
"Certainly private companies, whether they are US or other nationalities, look at the investment climate when they are thinking about investing somewhere and obviously, corruption plays into that evaluation and assessment. So certainly corruption is never a good thing and we encourage all governments including India to address it," he said. (KNN Bureau)
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