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25
May 2018
CII(The
Total Investment & Insurance Solutions)
As the BJP-led NDA
government completes four years in office, industry chamber CII today said
India's economy is robust with GST system having settled down and reforms
firmly on the right path. The Total Investment &
Insurance Solutions
The government is set to enter the final year of its term before the 2019 Lok Sabha Elections on May 26. The Total Investment & Insurance Solutions
In a statement, CII Director General Chandrajit Banerjee said over the last four years, the government has systematically addressed major pain points for the economy such as ease of doing business, non-performing assets of banks, foreign direct investment rules, infrastructure construction and exit of failing enterprises. The Total Investment & Insurance Solutions
"The business atmosphere now incentivises investment activity and offers relief to firms. The government's mission mode development campaigns have delivered notable results, adding to overall growth multipliers," Banerjee said.
"The overall economy is strong with GST having settled down and reforms firmly on the right path," he added. The Total Investment & Insurance Solutions
The government is set to enter the final year of its term before the 2019 Lok Sabha Elections on May 26. The Total Investment & Insurance Solutions
In a statement, CII Director General Chandrajit Banerjee said over the last four years, the government has systematically addressed major pain points for the economy such as ease of doing business, non-performing assets of banks, foreign direct investment rules, infrastructure construction and exit of failing enterprises. The Total Investment & Insurance Solutions
"The business atmosphere now incentivises investment activity and offers relief to firms. The government's mission mode development campaigns have delivered notable results, adding to overall growth multipliers," Banerjee said.
"The overall economy is strong with GST having settled down and reforms firmly on the right path," he added. The Total Investment & Insurance Solutions
Moreover, Banerjee said the
firm level and sectoral level numbers look promising for the next year in terms
of order booked and capacity utilization. The Total Investment & Insurance
Solutions
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