India Inc needs to respond to various reforms undertaken by govt, says CEA

He said that India is the only country which utilised the opportunity provided by the current crisis to unleash the second generation reforms that are focused on factor markets

Chief Economic Adviser K V Subramanian said on Friday that India Inc needs to respond to various reform measures, including those in the labour sector, undertaken by the government to accelerate the growth impacted by the Coronavirus (Covid-19) pandemic. 

“India Inc needs to actually respond. We've enabled the labour laws and the reforms, etc. I think that is a sentiment I would really like a lot of you to reflect upon,” said Subramanian, at a virtual event organised by industry body FICCI. “There are enough opportunities for ethical wealth creation to be done in the Indian context. This is something