Modi for lesser government intervention in business

Stressing on the need for lesser government intervention in doing business, Prime Minister Narendra Modi on Friday said his government was of the view that government interventions into businesses tend to create more problems than bring solutions

Mar 05, 2021
Image
A

Stressing on the need for lesser government intervention in doing business, Prime Minister Narendra Modi on Friday said his government was of the view that government interventions into businesses tend to create more problems than bring solutions.

Speaking at a webinar on production-linked incentive (PLI) schemes, Modi said that with its view of ease of doing business, the government has been stressing on self-regulation, self-attesting and self-certification.

Stressing that both government policies and strategy are clear in terms of the manufacturing sector, he said that its motto is minimum government and maximum governance.

Modi also said that the manufacturing sector should focus on the quality of products and adopt the motto of "zero effect, zero defect".


(IANS)

Post a Comment

The content of this field is kept private and will not be shown publicly.