Ease of doing business may well be a non entity for certain political leaders on account of criticism for the sake of just criticism but the fact is that India has made good progress in this vital characteristics of promoting investments in the country by jumping in one big leap 75 places and now the country is well poised for staking its claim among the ‘Top 50’ countries next year.
The Prime Minister in this regard has impressed upon ‘his team’ to work harder so that the aspiration could become a reality . Towards that direction, regulations and processes must be competitive with the best in the world as the country has made doing business comparatively cheaper. On this issue and the connected matters, PM Modi dealt with at length while giving his inaugural address at the 9th edition of the Vibrant Gujarat Global Summit in Gandhinagar , Gujarat.
Reforms and de-regulations , removing barriers and obsolete conditions, digital processes, online transactions and single point interfaces as also creating measures required for congenial investment and growth being a continuous process were the measures required on a continuous basis. While at the same time overall steady rise in the country’s GDP was imperative to instil hope and assurance in prospective investors, both domestic as well as foreign. The policy of Modi Government to “reduce Government and enhance governance ” with the serious mantra of “reform, perform, transform and further perform ” was the roadmap and the blueprint for achieving top slot among the “Top 50” countries, by next year.
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