AIAI moves Prime Minister seeking continuation of reforms
For enhancing ease of business in MSME and Agri sectors
Agency
NATIONAL, June 17, 2024: Dr Vijay Kalantri, Chairman of the All India Association of Industries (AIAI), has congratulated Narendra Modi on becoming India's Prime Minister for the third time and expressed hope that reforms in various sectors will continue or pick up speed to empower all segments of the business class, especially MSME and Agri sectors.
AIAI urges the government to promote research and development and investment in agriculture to enhance productivity, diversify cropping patterns, and increase farm productivity. The rural economy needs substantial support by reforming the MSP system, increasing investment in agriculture, post-harvest infrastructure, skill development, food processing parks, rural roads, and power connectivity.
To make India the 3rd largest economy before 2030 and a 'Developed Economy' by 2047, India needs to streamline central, state, and local government regulations that are increasing the cost of doing business, especially for MSMEs.
The new government may continue with its reform agenda in areas such as labour laws, environmental clearances, single window clearance, and investment aftercare to improve the attractiveness of investing in the country.
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