FM Jaitley leaves for US on a 9-day visit; aims to sooth investor nerves

Fiinance Minister Arun Jaitley will hold meetings with FIIs and select top CEOs of American financial companies during his nine-day visit to the US.

After reaching New York tomorrow, he will hold luncheon meeting with executives of top US companies.

Jaitley, on June 18, will address portfolio managers from FIIs as well as executives of US companies operational in India, comprising banks, insurance and pension funds, the statement said.

"He will hold meetings (on June 18) with USIBC and FICCI executives and would discuss about reform measures put in place by the Government of India to make India a top investment destination," said the statement.

During his visit, the Finance Minister will address at at the Columbia School of Business. He will also meet about 150 members of Council for Foreign Relations (CFR) and would highlight about likely prospects of Indian economy, investment opportunities in India and development of infrastructure among others.

He will also hold meetings with the management of New York Stock Exchange (NYSE) and select top CEOs of US Financial companies, the statement said.

In San Francisco, Jaitely will address the celebrations organised to mark the occasion of the International Day of Yoga on June 21.

Jaitley will also speak on 'India's Economic Future' at an event organised by Stanford Institute for Economic Policy Research (SIEPR), it said.

The Finance Minister will be back to India on June 25.