{"id":162361,"date":"2013-12-22T23:47:18","date_gmt":"2013-12-22T23:47:18","guid":{"rendered":"http:\/\/151.106.38.4\/2013\/12\/22\/india-incs-unqualified-thumbs-up-for-rahul-gandhi\/"},"modified":"2013-12-22T23:47:18","modified_gmt":"2013-12-22T23:47:18","slug":"india-incs-unqualified-thumbs-up-for-rahul-gandhi","status":"publish","type":"post","link":"https:\/\/nagalandpost.net\/index.php\/2013\/12\/22\/india-incs-unqualified-thumbs-up-for-rahul-gandhi\/","title":{"rendered":"India Inc\u2019s unqualified thumbs up for Rahul Gandhi"},"content":{"rendered":"

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India Inc has given an unqualified thumbs-up to Congress party vice president Rahul Gandhi\u2019s speech at the Federation of Indian Chambers of Commerce and Industry\u2019s 86th AGM here.<\/div>\n
\u201cAt a time, when questions have been raised about India\u2019s commitment to reforms and growth, Shri Gandhi\u2019s comments are music to the ears of investors, who I am sure would draw confidence from his speech,\u201d Confederation of Indian Industry (CII) president Kris Gopalakrishnan said in a statement here Sunday.<\/div>\n
\u201cCII believes that the Congress Vice President has boldly touched on the issue of corruption and this is a subject on which Industry has been vocal – calling for measures to ensure that more technology is used to reduce human interfaces in aspects of governance, where rent seeking can creep in,\u201d it said.<\/div>\n
Asserting that poverty cannot be fought without growth, Gandhi told the industry chamber Saturday: \u201cI don\u2019t believe there is a trade off between investments in the social sector and economic growth. It is today\u2019s investments in people that create tomorrow\u2019s markets. It is today\u2019s markets that allow us to invest in our people\u2019s future.\u201d<\/div>\n
\u201cMaintaining robust growth has enabled to invest in people. In (almost) 10 years (of the United Progressive Alliance (UPA) government) almost a third of India\u2019s poor have risen above the poverty line,\u201d he had added. Welcoming Gandhi\u2019s speech for addressing the \u201ccore issue\u201d of focusing on the manufacturing sector to create a sustainable economic development model, CII said: \u201cA competitive and vibrant manufacturing sector in India would ensure that episodic spikes on the current account front can be avoided.\u201d <\/div>\n
The CII specially appreciated the work of the Cabinet Committee on Investments (CCI) in speedily clearing large projects.<\/div>\n
\u201cCII is happy that a National Resource Investment SPV (special purpose vehicle) is being considered by the government which is in line with our recommendations that projects should be offered for bidding after all clearances are in place,\u201d it said.<\/div>\n","protected":false},"excerpt":{"rendered":"

India Inc has given an unqualified thumbs-up to Congress party vice president Rahul Gandhi\u2019s speech at the Federation of Indian Chambers of Commerce and Industry\u2019s 86th AGM here. \u201cAt a time, when questions have been raised about India\u2019s commitment to reforms and growth, Shri Gandhi\u2019s comments are music to the ears of investors, who I […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[667],"tags":[],"class_list":["post-162361","post","type-post","status-publish","format-standard","category-business"],"_links":{"self":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/162361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/comments?post=162361"}],"version-history":[{"count":0,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/162361\/revisions"}],"wp:attachment":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media?parent=162361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/categories?post=162361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/tags?post=162361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}