NDA government receiving positive vibes
For a Government that rode to power on sky-high expectations, the first 100 days are almost akin to the first week box office collections of a Bollywood blockbuster. Because that’s when impressions are made and word-of mouth spreads, giving an inkling of what lays ahead – a hit or a flop.
For Indian industry, troubled by ‘policy paralysis’ in the second term of the previous United Progressive Alliance (UPA) Government, the first 100 days of the Narendra Modi Government have been action-packed as far as quick decisions and regaining business confidence are concerned.
Online environment and forest clearances for industrial projects, tailor-made labour reforms, the promise of easier land acquisition, focus on skill development, more funds for medium, small and micro enterprises to boost manufacturing, and opening the door wider for foreign investment flows in defence, insurance, affordable housing, smart cities, etc. have generated a lot of “positive vibes”.
Till now the Narendra Modi government has received a positive growth from the different fields. This was very much necessary so that the government could create more opportunities in the upcoming years.
Source: The Hindu Business Line
Affordable Housing, foreign investment flows in defence, insurance, Narendra Modi Government, Online environment and forest clearances, positive vibes, sky-high expectations, Smart cities, United Progressive Alliance, UPA
