Modi Says Economy to Grow ’Very Fast’ as Rules Ease

September 29, 2014 12:05 AM

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India’s economy is set to progress “very fast” and the nation will take steps to aid that growth, including easing visa rules and changing outdated laws, Prime Minister Narendra Modi said.

India “is going to move at a very fast speed,” Modi said to a gathering of 20,000 mostly Indian Americans at Madison Square Garden in New York yesterday. “No stone will be left unturned” in the government’s attempts to revamp procedures and cut transaction times. Travel-rule changes for non-resident...

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