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Our Bureau

Will focus on avenues in FDI, public-pvt partnership

Hyderabad , May 3

`Advantage India Day', will be prominent on day two of the 39th annual meeting of the board of governors of Asian Development Bank (ADB) here on Thursday.

According to India Brand Equity Foundation (IBEF), a public-private partnership between the Union Ministry of Commerce & Industry and the Confederation of Indian Industry, the four main sessions including the opening session on Advantage India Day would focus on India's economic liberalisation and the opportunities it presents for greater foreign direct investment and private-public partnership.

In consonance with the ADB's agenda of eradicating poverty through infrastructure-led growth, a special focus would be on the $150-billion opportunity India offers in infrastructure development, IBEF said in a release.

The Finance Minister, Mr P. Chidambaram, and the ADB President, Mr Haruhiko Kuroda, would participate in the India Day sessions.

The Deputy Chairman of Planning Commission, Dr Montek Singh Ahluwalia, would speak at the session on the opportunities in India's rapidly growing infrastructure sector and would highlight the avenues available for foreign direct investment and public-private partnerships. Advantage India Day, set against the backdrop of ADB's annual meet, might be considered mirroring the Government of India's agenda of promoting inclusive development by focusing on infrastructure through programmes such as Bharat Nirman, the National Highways Development Programme and the National Urban Renewal Mission, the release said.

A highlight of the seminar is the session on `Emerging opportunities across India' in which the Chief Ministers of Rajasthan, Andhra Pradesh, NCT of Delhi, Goa and the Finance Minister of West Bengal, would participate.

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