close

News WrapGet Handpicked Stories from our editors directly to your mailbox

Modi govt's 2nd inning: Bolder reforms expected

 Narendra-Modi-led National Democratic Alliance (NDA) government's second innings has begun after it came to power with a brute majority and there are speculations about the reformative steps his government may take to further India's economic growth. 

Modi govt's 2nd inning: Bolder reforms expected
People reposed faith in PM Modi because they think that he can improve on the economy, their quality of life, create jobs, and make India a prosperous nation, Mukesh Aghi said. Image source: IANS
By ZeeBiz WebTeam
Updated: Sun, Jun 02, 2019
02:56 pm
ZeeBiz WebDesk
RELATED NEWS
Government can afford to make a new long-term plan, says Romesh Tiwari of CapitalAim Government can afford to make a new long-term plan, says Romesh Tiwari of CapitalAim
First session of Parliament begins; Land Acquisition bill may do the rounds again - how it will help economy First session of Parliament begins; Land Acquisition bill may do the rounds again - how it will help economy
Visiting Varanasi? Keep this in mind, or you may land in trouble Visiting Varanasi? Keep this in mind, or you may land in trouble
Expect Budget 2019 to be realistic, says Raj Nair, President, IMC Chamber of Commerce and Industry Expect Budget 2019 to be realistic, says Raj Nair, President, IMC Chamber of Commerce and Industry
Union Budget 2019 Date and Time: Here is when Nirmala Sitharaman speech will start Union Budget 2019 Date and Time: Here is when Nirmala Sitharaman speech will start

The Narendra Modi-led National Democratic Alliance (NDA) government's second innings has begun after it came to power with a brute majority and there are speculations about the reformative steps his government may take to further India's economic growth. Following the victory, the government is expected to roll out bolder reforms, PTI reported today, citing a US-India Strategic Partnership Forum (USISPF) official.

"Indian voters have sent a message, they want a leader who can improve on the economy, their quality of life, create jobs and make India a nation which is rising itself. The new government will take up various reforms, as it knows that it has to deliver the economic agenda, USISPF President and CEO Mukesh Aghi told PTI. Aghi said that people voted PM Modi to power as they think he can deliver on the economic front. 

 People reposed faith in PM Modi because they think that he can improve on the economy, their quality of life, create jobs, and make India a prosperous nation, he said. "If you want to attract manufacturing you have to do labour reforms, you got to look at the land reforms, because companies need big chunk of land to manufacture. While the government has done a lot of good work on IBC, they need to see how they can make IBC more effective," Aghi was quoted as saying.

He also said that labour reforms, the land reforms are needed for boosting economic activities. Aghi said through the government in its previous term has done good work on IBC, it is needed to make IBC more effective.