PM Modi: India to Progress ‘Very Fast’

India’s economy is set to progress “very fast” and the nation will take steps to aid that growth, including easing visa rules and changing outdated laws, Prime Minister Narendra Modi said.

India “is going to move at a very fast speed,” Modi said to a gathering of 20,000 mostly Indian Americans at Madison Square Garden in New York yesterday. “No stone will be left unturned” in the government’s attempts to revamp procedures and cut transaction times. Travel-rule changes for non-resident Indians and visitors from the U.S. “will be implemented very soon,” he said.

Modi’s announcement of plans to issue a “visa on arrival” for U.S. tourists and merge identification documents for non-resident Indians into a single category rounded out a speech in which he praised Indian Americans, especially their achievements in information technology.

Bloomberg

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