Reform or perish, Arun Jaitley tells states

Finance minister Arun Jaitley has called upon states to reform to attract investment, saying investors do not like policy paralysis and prefer destinations that offer more favourable business and political environment.

“In addition to co-operative federalism, India has also become a competitive federalism. The future would be competitive federalism because it’s not Centre-state relation, but it is states and states competing with each other in order to attract investment,” he said.

“Reform or perish could not be more true than it is today,” he said at the “Happening Haryana” event here.