From telecom to oil sector, economists flag 'business uncertainties'

The participants also apprised the NITI Aayog about creating special economic zones in coastal areas of the country to create more jobs

Economists and financial sector experts expressed their concerns on uncertainty in the business environment and allegedly arbitrary decisions taken by tax, regulatory and other authorities that hamper businesses in India, in a meeting with NITI Aayog on Tuesday. 

The meeting was about how to address the slowing growth, ahead of the Prime Minister’s meeting with economists and sector experts on June 22. 

According to sources, the participants were of the view that particularly in case of telecom and oil, policy changes have not been synchronised well and often the projects are stuck because of issues raised by anybody in the