Up to India Inc to take risks now as my govt has ushered bold reforms: PM

The prime minister said the economy was picking up pace with the efforts of industry

Prime Minister Narendra Modi on Wednesday said his government had taken a host of bold economic decisions such as scrapping retrospective tax and initiating farm and labour reforms, and called upon India Inc to enhance its risk-taking appetite to take advantage of them.

“The government is doing reforms not out of compulsion but out of conviction,” he said while addressing the annual session of the Confederation of Indian Industry.

“The reforms that we undertook were not easy or ordinary; they were being talked about for decades. However, decisions were not taken because it was conceded that bringing about changes was difficult. But