Published on: Sep 15, 2012 by Aparna Dutt Sharma, Chief Executive Officer, IBEF
In an exceptional move today and clearly showing that India means business, the Government of India today cleared impacting policy decisions across a slew of sectors from multi-brand retail to civil aviation and broadcasting. The fact that the announcements have come over the course of a single day conveys a very decisive mode. The reforms are a substantive government push, which are being welcomed by industry and business associations within the country. These can be expected to have multiplier effects and benefits on the economy, including a fillip to infrastructure and employment generation.