Defence Minister Rajnath Singh on Tuesday said India rolls out red carpet, and not red tape to investors and that there is broad consensus for sustainable economic development in the country. Inaugurating Invest Karnataka-2025 meet in Bengaluru, he said India has addressed the crucial point of policy uncertainty by creating a stable and predictable policy environment. "When I speak about the policy uncertainty, I want to emphasise a crucial point. Today across all governance levels in India, including the central government, state government and local bodies, there is a broad consensus that sustainable economic development must be driven by a market led economy with the private sector playing a leadership role," Mr Singh said.