London: Asserting that nobody could ignore the potentiality and growth prospects of India because of its size and population, civil aviation minister Praful Patel has asked British investors to look at the country with a positive framework and participate in its rapid development.
Speaking on “Indian Infrastructure - The Way Forward” at a one-day conference organized by the India Business Forum at the London Business School, Patel said, “There is a change in the mind-set. The world’s focus towards India cannot be ignored.”
Patel said India was not having dearth of capital. “We would like to invest overseas. India has large amount of money which has not been put to good use.”
“As a government we are committed to reforms but it has to be inclusive. The interest of close to 300 million people, who have not been benefited from the reforms, have to be looked after,” he said.
Answering a question on Left parties pressurising the government to slow down the reforms, Patel said “inspite of everything, the fact remained that there was not a single strike in the last three years.”
Listing steps taken by the Indian government for improving the infrastructure including power, roads, aviation, sanitation, shipping and transport, he said the country has a “vibrant private-public partnership” policy.
Patel said it was for the first time, a committee on Infrastructure development, headed by the Prime Minister has been formed. The Prime Minister’s office is monitoring implementation of projects in seven key infrastructural areas.