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Letter to BS: Governance, policy-making process require honest feedback

The result is that the purpose of business has gradually shifted from "growth and progress" to "safety and security"

Rahul Bajaj, chairman, Bajaj Group
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Rahul Bajaj, chairman, Bajaj Group

Business Standard New Delhi
This refers to “Mr Bajaj does BJP a good turn” by A K Bhattacharya (December 4). Rahul Bajaj has inadvertently done a temporary electoral favour to the Bharatiya Janata Party by speaking out. This is mainly because he has not given any constructive suggestion while expressing his fears. One wonders why many other business leaders hardly seem to be offering any inputs to the government, leave aside criticism of its economic policies. The fact remains that mistrust of business houses, complexity of taxation laws and processes, too many compliances and excessive regulatory requirements coupled with heavy penalties for offences that

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