Put 3 yr moratorium on 70 clearances, 100 returns; industry to new Govt
Updated: May 26, 2014 04:47:59pm
New Delhi, May 26 (KNN) An industry body has suggested to the new Government to work with the state governments and put a three-year moratorium on 70 odd clearances required from different agencies and 100 returns to be filed. Earlier, the FISME had suggested that a regime of self-compliance be encouraged.
Setting the agenda for 10 per cent growth, the industry body has called for reforms to accelerate growth in manufacturing. “Entrepreneurs should be allowed a moratorium of at least 3 years to comply with the nearly 70 clearances and 100 returns required to set up and run a manufacturing unit,” it said.
Further, “The Apprentice Scheme must be reworked, revamped and encouraged to build a strong connect between the new workforce and industry for on-the-job skill development,” ASSOCHAM said.
It also highlighted steps for better governance to improve infrastructure which includes the development of new PPP model concessionaire agreements; clear cut environment laws, applicable tax dispensations; and auctioning and allocating of natural resources in a transparent manner.
Sustainable growth must connect 750 million rural consumers, ASSOCHAM has said. In this regard, it has underlined the need for roads, electricity, primary education, primary health centres, irrigation projects, better terms of trade for farmers, price stabilisation schemes, expanding scope of MNREGA to build physical infrastructure, low cost housing, inclusive banking and consensus on FDI in retail.
“India deserves 10 per cent growth. We as a nation have all the elements, growth drivers and compelling conditions to achieve and uncompromising mission to grow 10 per cent year on year for the next 10 years and beyond,” said President, ASSOCHAM, Rana Kapoor.
In a public notice, ASSOCHAM also said, “The foremost job of the new government “should be to rejuvenate the economy and ramp up growth by unclogging infrastructure and manufacturing. Decisive governance must reverse the stagnation in implementation of policies that driven away investment and stunted wealth creation.”
Further, “Roll-backs ought to become a thing of the past while transparent and honest administration must become the new reality. It’s time for leadership that’s truly willing to restore both internal and global confidence while making inclusive, sustainable development and double-digit growth truly possible and accessible,” it said. (KNN/ES)
Setting the agenda for 10 per cent growth, the industry body has called for reforms to accelerate growth in manufacturing. “Entrepreneurs should be allowed a moratorium of at least 3 years to comply with the nearly 70 clearances and 100 returns required to set up and run a manufacturing unit,” it said.
Further, “The Apprentice Scheme must be reworked, revamped and encouraged to build a strong connect between the new workforce and industry for on-the-job skill development,” ASSOCHAM said.
It also highlighted steps for better governance to improve infrastructure which includes the development of new PPP model concessionaire agreements; clear cut environment laws, applicable tax dispensations; and auctioning and allocating of natural resources in a transparent manner.
Sustainable growth must connect 750 million rural consumers, ASSOCHAM has said. In this regard, it has underlined the need for roads, electricity, primary education, primary health centres, irrigation projects, better terms of trade for farmers, price stabilisation schemes, expanding scope of MNREGA to build physical infrastructure, low cost housing, inclusive banking and consensus on FDI in retail.
“India deserves 10 per cent growth. We as a nation have all the elements, growth drivers and compelling conditions to achieve and uncompromising mission to grow 10 per cent year on year for the next 10 years and beyond,” said President, ASSOCHAM, Rana Kapoor.
In a public notice, ASSOCHAM also said, “The foremost job of the new government “should be to rejuvenate the economy and ramp up growth by unclogging infrastructure and manufacturing. Decisive governance must reverse the stagnation in implementation of policies that driven away investment and stunted wealth creation.”
Further, “Roll-backs ought to become a thing of the past while transparent and honest administration must become the new reality. It’s time for leadership that’s truly willing to restore both internal and global confidence while making inclusive, sustainable development and double-digit growth truly possible and accessible,” it said. (KNN/ES)
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