India's economic reforms seen as a 'positive step' by Biden administration: Sitharaman© timesofindia.indiatimes.com

India's economic reforms seen as a 'positive step' by Biden administration: Sitharaman

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India's Finance Minister Nirmala Sitharaman here said the Biden Administration and leaders from the corporate sector in the US have welcomed recent economic reforms introduced by her government.

"The reforms that we've undertaken, particularly the steps taken for the withdrawal of the retrospective tax has been mentioned by the United States Administration as a very positive step," she said.

"The businesses with whom we have been interacting have also welcomed that decision," Sitharaman told reporters here at the conclusion of the Washington DC-leg of her US trip.