WEF 2015: Piyush Goyal promises 'no favour, no fear' business regime

DAVOS: Promising to make doing business much more attractive, Union Minister Piyush Goyal has assured investors that they can work in India without fear or favour.

"This government has demonstrated to the world that India is a great place to work in," the Minister for Power, Coal and Renewable Energy said.

Goyal, who was here to attend the World Economic Forum ( WEF) Annual Meeting, told PTI in an interview that India is a destination where business will become more and more attractive and it will be a destination where they can work "without fear, favour or extraneous conditions."

Asked whether he being friendly with corporates ever comes in way of his ministerial work, the investment banker-turned-politician said, "I am very friendly with the people of India and corporates are also a part of that.

"But when it comes to my responsibilities as a minister of union government, I believe that the track record of seven months clearly demonstrates that everyone in Modi government is working impartially."

In his earlier role as an investment banker, Goyal had advised top corporates on management strategy and growth, while he has also previously served on the boards of some leading banks.

The Minister said government is focussed on welfare of the people of the country and everyone in this establishment is taking decisions in the national interest.

"So, whether it is the allocation of coal blocks, where we have devised the most honest and transparent mechanism that India has ever seen for allotting natural resources, or it is decisions related to government contracts," he said.

Goyal, 50, is currently a member of Rajya Sabha and was earlier the national treasurer of BJP. He is an all-India second rank holder Chartered Accountant and second rank holder in Law in Mumbai University.