US says India ‘remains challenging place’ to do business

US says India ‘remains challenging place’ to do business

India "remains a challenging place" to do business, the US has said, urging it to foster an attractive and reliable investment climate by reducing barriers to investment and minimising the bureaucratic hurdles. The State Department, in a report ‘2021 Investment Climate Statements: India’ released on Wednesday, said that India "remains a challenging place to do business" and also referred to the removal of the special constitutional status from the State of Jammu and Kashmir (J&K) and the passage of the Citizenship Amendment Act (CAA).

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