INVC,
Chandigarh,
Confederation of Indian Industry (CII) has congratulated the Bharatiya JanataParty (BJP) led by Mr Narendra Modi for coming out as the single largest party and attaining clear majority to form a stable government at centre.
“It is very healthy sign for the nation that NDA has got full majority. A clear majority is always critical for political and economic stability as also for consistency of policies. This would enable strong and positive decision making at top level of leadership in the country with ‘minimum government and maximum governance’ to boost investor sentiments”, shared Mr Zubin Irani, Chairman, Confederation of Indian Industry (CII) Northern Region & President, Building & Industrial Systems (India), United Technologies Corporation today.
“CII expects that the new Government would work to revive business confidence and attract investments especially in healthcare, education and knowledge-based industries. It should also put special thrust on timely implementation of reforms, fast-tracking of the stalled infrastructure as well as manufacturing projects, removal of various procedural bottlenecks associated with key industrial and freight corridors like Amritsar Kolkata Industrial Corridor (AKIC), Delhi Mumbai Industrial Corridor (DMIC), western and eastern corridors to provide the much-needed fillip to growth in North India,” added Mr Irani.
“CII hopes that the new government would debottleneck the regulatory environment, focus on technology upgradation, invest in infrastructure anderadicate supply chain bottlenecks in agriculture to remove wastages and check food inflation. To create conducive environment to attract investments, the new government should ease labour laws to promote job creation, implement GST, strengthen the single window mechanism and enhance ease of doing business”, shared Mr Shreekant Somany, Deputy Chairman, CII NR & CMD, Somany Ceramics Ltd.
“CII is confident that the new Government would be industry friendly and would strengthen India’s pre-eminent position both economically and socially. CII looks forward to a strong partnership between the new government at the centre and the industry to ‘empower all Indians’ to build an Inclusive, Developed and Secure Nation with focus on healthcare, education, skill development, infrastructure, sustainability and innovation. For this, CII Northern Region has adopted ‘Accelerating Growth in North: Facilitating Investments …Creating Employment’ as its theme for the year 2014-15. CII would soon meet and interact with all MPs to present its memorandum, recommendations and actionable agenda on specific aspects for India’s holistic growth,” shared Mr Pikender Pal Singh, Regional Director, CII NR.
“CII expects that the new Government would remove the ‘Policy Paralysis’ and accelerate reforms on priority basis with focus on growth oriented governance. If there is growth, there will be employment, inclusivity, development and prosperity”, shared Mr Darpan Kapoor, Chairman, CII Chandigarh Council & Vice Chairman, Kapsons Fashion (P) Ltd
While congratulating Kirron Kher for winning from Chandigarh and specifically talking about Chandigarh, Mr Kapoor shared that “The new government should develop Chandigarh region as Greater Chandigarh Region (GCR) on the lines of NCR. It should work towards removal of inter-state trade, taxation and travel barriers between Chandigarh-Panchkula-Mohali-Shimla region for holistic development of the region. It should also create conducive business environment for light manufacturing as well as services sector, support the MSMEs, implement key policies, enhance land/ air connectivity and focus on sustainable development of the city keeping its heritage and character alive”
