gandhinagar with fewer than three months left in the current fiscal year finance minister arun jaitley on monday said the divestment programme would be pursued as a priority and involve more than one psu during this period he did not name any company his comments made on the sidelines of the vibrant gujarat summit come in the wake of reports that the government is looking to sell 10 stake in coal india to raise rs 24000 crore promising quick decisions and a stable tax regime jaitley exuded confidence that there will be a significant uptick in investments after the reverse flow of capital seen during the last three to four years has been stopped while assuring investors that ease of doing business was not merely a slogan for the government jaitley credited narendra modis decisive leadership for bringing stability to the countrys policy regime in his speech at a seminar earlier in the day jaitley promised laws to allow easy land acquisition and said that goods and services tax implementation would be effected within a year the seminar on invest in india summit 2015 financing for future growth was held as part of the vibrant gujarat summit in gandhinagar there jaitley said that india unquestionably needs investment and was optimistic that the indian economy would grow faster in the months to come jaitley also highlighted the key initiatives taken by central government to speed up investment in the country in the last seven months we have opened up to foreign investment several areas such as insurance and defence he said according to jaitley one of the powerful reasons behind bringing insurance ordinance was to arouse the confidence of investors in the government talking about how adversarial tax regime scared investors he assured the industry that the modi government was committed to bring in perfectly nonadversarial taxation 250bn opportunity in power sector goyal gandhinagar the indian power sector has an investment potential of 250 billion over the next 56 years with opportunities in generation distribution and transmission said minister of state for power coal and renewable energy piyush goyal over the next year the minister said an investment of rs 1 lakh crore was envisaged in the power and energy sector goyal was addressing a seminar on sustainable energy for all at the vibrant gujarat summit at mahatma mandir in gandhinagar on monday he also saw a huge opportunity in the mining equipment manufacturing sector for the next few years we currently produce a trillion units of power but we need to increase it four times in 78 years to meet energy requirements our immediate goal is to double current production by 2019 to be able to achieve the immediate goal of 24x7 power supply to homes industry commercial offices and agriculturists we want to take it to the next level in 34 years this will entail a large amount of investment in areas like generation distribution and transmission we are looking at investments in the range of 250 billion in