Economy in high gear, industry to start investing soon: CII President

The effects of demonetisation and the GST were felt in 2016-17 and 2017-18, says CII President

As the Reserve Bank of India’s (RBI’s) monetary policy committee (MPC) turns hawkish, new Confederation of Indian Industry (CII) President Rakesh Bharti Mittal tells Indivjal Dhasmana India is among the countries that have the highest interest rates. He, however, says industry should look at new technologies to cut cost. Amid some banks facing frauds and corporate governance issues, he says the chamber will soon come up with a voluntary code of ethical and transparent ways of doing business. Edited excerpts:
 

You are taking charge as CII president when the Narendra Modi government is about to complete four years. How