Come Soon Before It's Too Late, PM Narendra Modi Tells U.S Businesses

Modi said it is a responsibility of his government to provide a development-friendly environment.

People should be assured about the security of their investment, be given proper infrastructure and require a peaceful neighbour, in addition to adequate human resources.

The Indian government has made a road map keeping this in mind, he added.

He also called for a vibrant economy for a country, otherwise no one would come.

"Fiscal deficit should be less. There should be no existence of tax terrorism. There should be simplification of taxation system. After coming to power, we have given priority to these things," Modi said.

Modi said he has established a committee to remove obsolete and outdated rules and regulations.

"The less the regulations and law, the more fresh air," he added.

Reiterating that the government 'has no business to remain in business', Modi said his government has taken decision of a record disinvestment of $10 billion.

"Our job is to facilitate things and not run a business," he said.

The Prime Minister said he has instructed his officials to take steps towards ease of business.

"Today, I can say with confidence that within six months, we will implement and enforce all parameters of ease of business," Modi said adding that "Make in India" campaign is being connected with the digital world.

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