High hopes on the Modi Government for faster economic growth
Narendra Modi was sworn-in as the 15th Prime Minister of the country on May 26, 2014 in a majestic ceremony in Rashtrapati Bhawan. India Inc. is looking forward to an era where growth will be exponential and more jobs, income and social stability will be a part of every Indian’s life.
This swearing in ceremony was attended by many industrialists and head honchos. Realty pioneer DLF’s Vice Chairman Rajiv Singh, stated that within the next 3-6 months he is looking forward to seeing the signs of economic revival. This will be an era of renewed trust and the new and lean government is filled with immense enthusiasm and capability to take the nation into a higher orbit of growth. Singh mentioned that the real estate sector with contribute to the nation’s growth if their interests are protected the policies are made to help them function better. The current situation is not conducive for the realty market however there is a huge demand. If the procedures are simplified and approvals are expedited, then they can meet the supply and make some profit for themselves.
Source -Financial Express
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