CII President and co-founder of Infosys S Gopalakrishnan on Thursday called for passage of key bills in Parliament to keep the momentum in economic activities notwithstanding the 2014 polls.
At the concluding day of the Delhi Economic Conclave, he said the recent economic data shows that GDP growth has gone up and performance of all sectors like industry and services are showing improvement.
“...To me what is positive is that proactive action can reverse the situation and that is the reason why I believe the RBI Governor also yesterday talked about continuing on the appropriate bills that need to be passed even during the run-up to the elections so that we can keep up the momentum,” Gopalakrishnan said.
GDP growth in the second quarter of the fiscal improved to 4.8 per cent from 4.4 per cent in the preceding three months.
Government has taken several measures like setting up a Cabinet Committee on Infrastructure and got passed key legislations such as pension act and companies act to help the country get back on high growth path.