Finance Minister P Chidambaram is embarking on a week long visit to Canada and the US on Sunday to sell India’s growth story to foreign investors and participate in the World Bank/IMF spring meetings in Washington.
During his tour, he is expected to talk about the recent steps taken by the Government to speed up large projects and measures to bring down fiscal deficit.
With India facing high Current Account Deficit (CAD), Chidambaram has been touring major global financial hubs like Japan, Germany, Hong Kong and Singapore, to project the country as a investment destination.
As per an official statement, in the first leg of his journey, Chidambaram will address the Canadian-Indian Business Council in Toronto on Monday and hold a Round Table Meeting with Canadian Council of Chief Executives in which about 15-20 CEOs of major Canadian companies are likely to participate.