STOCK MARKET BSE NSE

Is This Not Policy Paralysis, Asks Cong After Parekh's Remarks

Latching on Parekh’s remarks cribbing no change on ease of business to ask Modi whether it is not policy paralysis, returning a taunt at the UPA govt.

Published: 19th February 2015 04:11 PM  |   Last Updated: 19th February 2015 04:11 PM   |  A+A-

By PTI

NEW DELHI: Congress today latched on to industry leader Deepak Parekh's remarks lamenting no change on ground on ease of doing business to ask the Prime Minister whether it is not policy paralysis, returning the barb directed at the previous UPA government.

"Despite best decadal growth as legacy in 9 months Corporate Cheerleaders of govt are venting & blowing Is this not Policy Paralysis Mr PM?", party leader Manish Tewari said on micro-blogging site Twitter. The BJP had consistently attacked the previous UPA government over alleged "policy paralysis".

Congress spokesman Sanjay Jha tweeted :"Well known business leader Deepak Parekh laments the underperforming Modi

Sarkar at ground level. I hope that is not anti-national."

The remarks followed an interview of the HDFC chairman in which had pitched for relaxing "administrative controls" to improve ease of doing business.

He has said that impatience has begun creeping in among businessmen as nothing has changed on ground in first nine months of the Narendra Modi government.

He said the industry is still optimistic about the changes it expects from the Modi government, but optimism is not translating into revenues and there has been little improvement on 'ease of doing business' front so far.

Parekh, who is known as a guiding voice of the Indian industry and has been on a number of key government panels on various policy and reform matters, further said that 'Make in India' can't succeed unless it is made easier for people to do business here and the decisions are fast-tracked. PTI

Stay up to date on all the latest Nation news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp