Niti Aayog CEO Amitabh Kant on Monday said that “unprecedented” reforms undertaken on both governance and economic fronts by the government will usher in a new era of growth and prosperity.
Kant also stressed the need to increase expenditure on research and development and strengthen intellectual property rights (IPR) laws.
“The economic and governance reforms undertaken by the government have been quite unprecedented and they will usher in a new era of growth and prosperity,” he said. “We are making states compete on ease of doing business parameters. We are ranking states and naming and shaming them,” he said while addressing a virtual event organised by industry body CII.Listing out reforms undertaken by the government in recent times, Kant said as the world battles contraction in economic growth, India has initiated reforms in key sectors including agriculture, labour and mining.