Chhattisgarh chapter of the Federation of Indian Chambers of Commerce and Industry (FICCI) has hailed the results of general elections announced on Thursday.
While congratulating Prime Minister Narendra Modi for winning absolute majority to form the next government at the Centre, Chairman of Chhattisgarh chapter of the FICCI Pradeep Tandon said: “The continuity and stability at the Centre will not only allow the government to continue with the pace of economic reforms set by GST, IBC and RERA, but it also brightens the prospect of expanding the reform mode to other critical areas like land and labour laws.”
There is an urgent need to bring investments on track and boost consumption to better GDP growth from the current around 7% level, which will help in generating more jobs and taking care of the rural distress, Tandon said.
“FICCI from its side has submitted a robust agenda for growth to the government comprising measures to achieve these objectives and we are hopeful that the measures recommended by the chamber will certainly help in this endeavor,” he added.
According to Tandon, the six key points of the agenda are passage of the pending Bills, announcement of policies (including E-commerce, Industry, Retail and E-pharmacy), simplification of GST, lowering of interest rates, addressing farm distress and creation of an eco-system that promotes employment.
