Guwahati: Union Finance Minister Nirmala Sitharaman said in Guwahati today that the ongoing nationwide protest against the Citizenship (Amendment) Act, 2019 has not adversely affected India’s investment and business environment.Union Finance Minister Nirmala Sitharaman said investor sentiment has not been affected by the CAA’s protests and the recent Delhi violence. Addressing a press conference in Guwahati, he said that the investors he had met in his recent visit to Saudi Arabia When asked about the Delhi violence and opposition to the CAA, Ms. Sitharaman said, “Vide The sentiments of Xi investors have not diminished.On the possible impact of the fear of coronoviruses on the industry and economy, the Finance Minister said that there is none now. “However, if the situation does not improve in the next two months, there may be a shortage of raw materials. We are working to focus on this issue and help the industry, ”she said. Sitharaman, addressing a press conference in Guwahati, said that recently investors from Saudi Arabia have expressed a desire to invest in India. Expressed.She gave points based on interactions with businessmen in Saudi Arabia, who did not express concern about the situation.

“They want to invest more in India. They are now keen to open representation offices in India to invest more. Much interest has been shown in his announcement on the National Infrastructure Pipeline on 31 December. Investors will continue this. ” Nirmala Sitharaman said.On the other hand, Sitharaman mentioned that the supply of raw materials to industries is likely to be affected due to the outbreak of coronovirus and the government is constantly monitoring the situation.

“On Coronavirus, I attended a meeting with about 23 different industries, but they did not express any concern about raw material supply, export mess.If the situation does not improve in two months, the industries may face some problems. Raw material availability problem. Now we are trying to see how we can help them, ”said Nirmala Sitharaman.

Sitharaman also addressed the economic downturn and said that the mood is slowly changing as the government and RBI are actively taking steps to revive growth and demand.He also spoke briefly on the AGR dues of the telecom operators and said that the department concerned is working on it after meeting with stakeholders. “Whatever the government’s decision, they will be announced at the ready,” he said. The Union Finance Minister said that the core elements of the Indian economy are strong.He said that FDI inflows are stable and exchange rate is stable.Sitharaman admitted that there were some inflation concerns in recent months due to the rise in prices of some seasonal vegetables.“But inflation is coming down now. Sitharaman said that RBI is coming up with incentives for MSMEs and real estate sectors and has proposed to lend to banks at less than repo rate.When asked about the Delhi riots, he said that the confidence of investors is high and there is no effect.Regarding the impact of coronaviruses on the economic sector, Sitharaman said that the government had recently held detailed discussions with industries from various sectors on the issue. However, adding that some impact could be felt if coronaviruses are not included within the next two months.