AIAI welcomes stable government for growth

India Infoline News Service | Mumbai |

Kalantri said that the electoral verdict signals a clear mandate for development, employment and growth in Industry and manufacturing sector

In view of the clear mandate given today in the 2014 Lok Sabha elections, India seeks a stable government which is the dire need of the hour. People of India have en-mass reposed their full confidence in the BJP Prime Ministerial candidate Narendra Modi , said Vijay Kalantri, President of All India Association of Industries (AIAI) .
 

Kalantri said that the electoral verdict signals a clear mandate for development, employment and growth in Industry and manufacturing sector, which time and again Modi has assured the country.
 
Kalantri further stated that in view of the slowdown in the economy, slump in domestic and foreign investment as well as tapering of flow of investment to overseas countries due to policy paralysis and non-transparency in policies which the country has been witnessing , people from all walks of life have turned to BJP and reposed their confidence in Modi. The Gujarat model of development, which brought in its wake enormous success has caught the imagination and instilled hope in the people of this country that the Government led by Modi can bring about many good changes through good governance and transparency.
 
Kalantri expressed hope that the new government would devote attention to the implementation of GST, doing away with retrospective Tax, GAAR, more transparency in regard with coal, gas and mining linkages, infrastructure and promoting small -scale enterprises to generate employment and rationalization of tax-policy and multiple licenses and redundant laws.
 

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