BJP performance big positive for economic reforms: Assocham
20/10/2014 11:22
Industry chamber Assocham has said that a clear dominance of the BJP in Haryana and Maharashtra Assembly elections would strengthen the Narendra Modi government at the Centre and give it a further crucial political support for going ahead with key economic reforms, including the long-pending GST, better subsidy targeting and labour laws. "Besides the BJP government in Haryana and its alliance government in Maharashtra will bring in much better coordination between the Centre and the States on important but politically difficult issues like labour reforms," Assocham said in a statement. "The BJP governments in Rajasthan and Madhya Pradesh are already showing the way in pursuing reforms in labour laws and in ease of doing business. These are crucial for revival of investment and economic growth," Assocham president Rana Kapoor said. Also victory in these States will also enable the BJP and its allies to send more members to the Rajya Sabha, where the ruling party at present does not enjoy full majority. Such victories will take the BJP steadily to the majority in the Upper House of Parliament, which is crucial to take forward crucial economic legislations, he said.
20/10/2014 11:22
Industry chamber Assocham has said that a clear dominance of the BJP in Haryana and Maharashtra Assembly elections would strengthen the Narendra Modi government at the Centre and give it a further crucial political support for going ahead with key economic reforms, including the long-pending GST, better subsidy targeting and labour laws. "Besides the BJP government in Haryana and its alliance government in Maharashtra will bring in much better coordination between the Centre and the States on important but politically difficult issues like labour reforms," Assocham said in a statement. "The BJP governments in Rajasthan and Madhya Pradesh are already showing the way in pursuing reforms in labour laws and in ease of doing business. These are crucial for revival of investment and economic growth," Assocham president Rana Kapoor said. Also victory in these States will also enable the BJP and its allies to send more members to the Rajya Sabha, where the ruling party at present does not enjoy full majority. Such victories will take the BJP steadily to the majority in the Upper House of Parliament, which is crucial to take forward crucial economic legislations, he said.
