FICCI statement on easing the decision making environment by the Government
The government under the leadership of Hon'ble Prime Minister Sri Narendra Modi has undertaken several efforts to turn around, develop and grow the economy. Several steps have been planned and taken to improve business confidence, encourage enterprises and persons to renew investment across all sectors. An enabled atmosphere of proactive, speedy and empowered decision making, particularly at the Centre and in States, is crucial in achieving our developmental goals, said Mr. Sidharth Birla, President, FICCI.Building confidence in bureaucracy was one of the ten point action plan announced by our Prime Minister soon after taking charge. We expect a suitable environment for decision making will be enabled going forward just as the government is taking steps to improve the environment for businesses. As per media reports, government could be considering legislative improvements to remove draconian provisions which can penalize honest decision making, while simultaneously ensuring that proven aberrant behaviour does not escape suitable action under the law. We hope appropriate key legislative amendments will be taken up and approved in the forthcoming Parliamentary session, added Mr. Birla.
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