Finance minister: India has long list of needs, goals

Staff Writer
Columbus CEO

NEW YORK (AP) — India's finance minister says his country's needs include everything from more housing and factories to becoming more business friendly but that it's also committed to protecting the climate.

Arun Jaitley spoke about India's future at the Asia Society in New York on Monday.

Jaitley says there's widespread support for reform in India. He says India's states will have to become more business friendly because investors won't go where doing business is difficult, "and the states themselves are realizing it."

He says India has many needs — "We need more housing, we need more power...we need more roads, we need more factories" — and that fuel requirements will increase.

But Jaitley says beyond its own development, India is committed to bigger issues and is "completely committed to protecting the climate."