Against the backdrop of his demonetisation decision, Prime Minister Narendra Modi on Wednesday said cleaning the system from black money and corruption is "very high" on his agenda amid a push towards employment generation and self-employment opportunities..Underlining that the 21st century is that of Asia, the Prime Minister said despite unfavourable and uncertain global economic environment, the growth prospects of Asian region remain bright.Total FDI inflows in the last two and a half years have touched USD 130 billion, Modi said."Building futuristic infrastructure is the biggest task at our hand. Indias initiatives including a Project Development Fund and Line of Credit have given a huge fillip to India-ASEAN cooperation, he added.

"Presently, cleaning the system from black money and corruption is very high on my agenda," Modi said, against the backdrop of his November 8 decision to scrap notes of Rs 500 and Rs 1000 denomination.Modi said startups are the next big economic force in India and are "no less than a revolution"...."The outcomes of our efforts are visible from Indias global rankings on various indicators," he said. PVC Casement Window Manufacturers We are now moving towards a digital and cashless economy," he said while addressing via video conferencing the Economic Times Asian Business Leaders Conclave 2016 in Kuala Lumpur along with his Malaysian counterpart Najib Razak."We have adopted a comprehensive National Intellectual Property Rights policy to lay the future roadmap for intellectual property," he said about an issue which has beena major concern among the foreign investors.He said the government has also "rationalised greatly" the licensing regime and launched "single window interfaces" for registering a business, export-import clearances and labour compliance."Our efforts to ensure ease of doing business in India have been comprehensive and wide ranging, including legislative and structural," Modi said.

"This is a time for integration.He said the "timeless ties" between India and Malaysia are reinforced by the presence of a large Indian community in that country.He said the leaders of ASEAN countries have led efforts for better integration among the countries of the region."We welcome those who are not in India so far.He also praised Najib, saying under his leadership, Malaysia is moving towards its goal of achieving developed country status by 2020."Asia is where there are hands to work, homes to consumeand heads have the humility to learn," Modi said.He said there is immense focus on removing the logistics constraints and roads, railways, ports are being upgraded across the country. Its always a good decision to be in India," Modi said. We are developing a pentagon of industrial corridors across India," the Prime Minister said.He also mentioned that amendment to the Constitution to pave the way for Goods and Services Tax (GST), which will overhaul the indirect tax system in India, has been cleared by Parliament and "this is expected to be implemented in 2017".The Prime Minister told the gathering that a number of steps have been taken to attract greater FDI and listed the various steps taken in this direction.."We have opened up new sectors for FDI and enhanced caps for existing sectors," he said, adding the governments concerted efforts on major FDI policy reforms continue and conditions for investments have been simplified.

He said the economic process in India is being geared towards activities that are vital for generating employment or self-employment opportunities. India is not only a good destination.."India is currently witnessing an economic transformation."The positive change in policy, regulatory and investment environment in India is recognized by both domestic and foreign investors," he said

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