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State should be policy-driven: Modi

New Delhi, Jan 26 (IANS) Indian Prime Minister Narendra Modi Monday said the state should be driven by policies which should be consistent so as to draw more investments, while revealing US investments in India jumped by 50 percent in the first six months of his government. Modi, who is addressing the summit along with US President Barack Obama, noted heavy investments in infrastructure and agriculture will improve the economy. The business confidence in India is among highest in major countries, the consumer confidence in India has turned positive after three years. “We have formed a working group to discuss this issue.” Turning to President Obama, Modi said that with his support, “we will turn our committement to concrete future”.

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