In a bid to shore up investments and lift the economy, which is reeling from the nationwide lockdown instituted in the wake of COVID-19, the department for promotion of industry and internal (DPIIT) trade is proposing a three pronged strategy.

Sources privy to the developments told CNBC-TV18 that these include a mix of incentives and industrial reforms to attract capital. To discuss the proposals, CNBC-TV18's Shereen Bhan spoke to Ramesh Abhishek, former secretary at DPIIT.

First Published:May 22, 2020 8:36 PM IST