According to sources Union Finance Minister nirmala sitharaman has said investors can find no better place in the world than india that has a democracy loving and capitalist respecting environment, and she also assured international investors at an interaction session at the IMF's headquarters that the government was continuously working to bring reforms. Nirmala said "It (India) is one of the fastest growing (economies) even today. It has the best skilled manpower and a government that is continuously doing what is required in the name of reforms, above all democracy and rule of law".
When responding to a question on why investors should allocate funds for India, she said that even if the court system is a bit delayed, india is a transparent and open society. She added “The rule of law works and there are a lot of reforms happening, even those to cut down delays”. She added "So you will not have anything better democracy loving, capitalist respecting environment in India".
When responding to questions from major insurance companies, who urged her to remove the cap on investment in this sector, she said the government needs to understand what the expectations of the sector are other than removing of the cap. Sitharaman said she would be quite open to it and they could send her the details.