Confidence Quote by Urjit Patel
“The materialisation of reforms in the form of rollout of the GST, the institution of Indian Insolvency and Bankruptcy Code, and the abolition of the Foreign Investment Promotion Board should boost investor and investment confidence.”
About This Quote
Source Speech: Economic Outlook Address, Ministry of Finance, India, 2017
Implementing reforms like GST, IBC, and removing the FIPB aims to strengthen investor confidence and stimulate investment.
In simple terms: Reforms are intended to boost confidence and attract investment.
Reforms should encourage investment growth.
Themes
Mood
Type
When to use this quote
- business planning
- foreign investment
- policy analysis
- financial strategy
Key Concepts
Questions to Reflect On
- Will the reforms translate into tangible investment increases?
- How can obstacles be mitigated?
Reforms may face implementation delays and political resistance.