Union Minister Ashwini Vaishnaw on Thursday assured that India will continue to provide a stable policy environment, ongoing regulatory simplification, robust economic growth and very moderate inflation in the years ahead, conditions he said are ideal for investors.

Representing the Government of India at the Bloomberg New Economy Forum in Singapore, Vaishnaw articulated India's vision for a stable, responsible, and innovation-driven digital and economic future.

Highlighting the country's strong economic fundamentals, Vaishnaw said, "With high growth and moderate inflation, India will continue to offer a stable policy regime, sustained simplification, good growth and very moderate inflation in the coming years -- a situation every investor looks forward to."

He explained India's "techno-legal" approach to digital governance, noting that recently notified Data Protection Act is principles-based, designed to evolve with rapidly changing technologies without stifling innovation.

"We believe in a balanced combination of innovation and regulation, where innovation is encouraged while potential harm is effectively mitigated," he said, adding that the government is working closely with industry and civil society to maintain this equilibrium.

The Minister reiterated that companies operating in India must respect country's constitution, the legal framework and the country's social and cultural diversity. "Platforms must understand and respond responsibly to the societal context, diversity and sensitivities of the country in which they operate," he affirmed. (ANI)