No wish for laws treating businesses with suspicion: FM Nirmala Sitharaman

This, after Tata Sons chairman said that businesses need supervision and not suspicion

Finance minister Nirmala Sitharaman has said the government had no wish for laws which treat every business entity with suspicion. This comes right after Tata Sons chairman N Chandrasekaran said business needs supervision but not suspicion. A sentiment the FM said she fully empathised which.

The government was working towards a desired environment in this regard and required business to work with it, she said.

Delivering the Nani Palkhivala Centenary Celebrations Lecture here, she said: “My first and earnest attempt, which continues till today, is to decriminalise everything to do with the Companies Law or related laws — the very point the