Govt will focus on reducing compliance burden: PM Modi assures India Inc

Prime Minister Narendra Modi on Monday assured India Inc that the government would focus on reducing the compliance burden while exhorting the top companies to make full use of the production-linked incentive (PLI) scheme.

During the pre-Budget deliberations with corporate leaders, he said the government is fully committed to taking initiatives with a view to give impetus to the economic progress of the country.

This was the second such interaction of the prime minister with industry representatives in the run-up to the next Union Budget, according to an official statement released after the meeting.

Last week, he had met with leading private equity/