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FM Sitharaman addresses CII National Council meeting

Sitharaman said that even with some moderation, India is still the fastest-growing large economy and with the government and the RBI working together in synergy in a cordial relationship, the ecosystem will help incentivize investments.

Sitharaman said the government is looking at the financial sector woes and will address them. She indicated steps would be taken in the coming weeks to deal with the issue. 

She also assured the industry that the government would have a re-look at the penal provisions concerning mandatory investment towards corporate social responsibility by the companies.

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