Reforms Absolutely Necessary In Land, Labour And Taxation: Arun Jaitley

The Finance Minister also said there are some individual investor concerns, which were important and the concerned departments will have to look into them.

"There is also a suggestion that was made in the Silicon Valley that you must have a permanent consultation mechanism. I am going to suggest to my colleagues in the government that we must find an appropriate platform for that consultation," he said.

On labour reforms, Mr Jaitley said the Centre has made some changes while some states have also taken the lead and the government is agreeable to those proposals.

On land reforms, he said: "Land of course is required whenever an investor comes in. Even without the land bill, I think purchase of land from farmers at good rates is an option which is always open.

"And if the land bill is passed, land for industrial corridors and rural infrastructure would also be available."
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