10-Point Agenda Will Kick-Start The Economy: PHD Chamber | SupportBiz

Managing Growth

10-Point Agenda Will Kick-Start The Economy: PHD Chamber

Prime Minister Narendra Modi, who addressed his second Cabinet meet on Thursday, has issued guidelines and listed out priorities to all his ministers and has set the agenda for the newly formed NDA government.

New Delhi: The 10-point agenda provided by the new government is inspiring and would go a long way to Foster strong, stable and inclusive India, said Sharad Jaipuria, President, PHD Chamber in a press statement issued here on Friday.

Transparency in government and confidence in bureaucracy would improve business environment and help industry to rejuvenate and expand further. The improvement in industry scenario would increase employability of manufacturing firms and would lead to job creation in the economy, said Jaipuria.

Reforms in infrastructure and investments would make India an attractive destination and improve its international competitiveness whereas focus on education, health, water, energy and roads will improve the quality of life and standards of living and improvement in overall human development of the country, he said.

There is a need to check the effectiveness of various ongoing socio-economic development programmes and define their deliverables and outcomes in a time bound manner, added jaipuria System for inter-ministerial issues would be critical to percolate the effective policy measures towards the grassroots, said the industry body.

There are many projects which have been cleared by Cabinet Committee on Investments (CCI) but have not been rolled out due to lack coordination between central and state governments while giving clearances and implementing projects.

Hence, time bound single window system of clearances at centre and state level should be undertaken on top priority. The PHD Chamber was looking forward to implementation of 10 points agenda and making India an attractive investment destination for Industrialists both domestic and overseas and push India Growth Story on high road in the coming times.

The 10 point agenda of the government includes building confidence in bureaucracy, welcome innovative ideas, education, health, water to be priorities, transparency in Government, setting up a mechanism for inter-Ministerial issues, people oriented system in place, economy’s concerns to be addressed, reforms in infrastructure, policies to be implemented in time-bound manner and stability and sustained ability in Government policies.