For your expansion, the govt will walk with you: PM Modi to India Inc
New Delhi: In a tacit acknowledgment of the depressed sentiment in the country, Prime Minister Narendra Modi on Monday reached out to India Inc., seeking its help to revive the economy.
“At the beginning of the new year, today from this platform, I will again tell the Indian industry not to let disappointment linger with you. Go ahead with new energy. Whichever corner of the country you go to, for your expansion, the Indian government will walk with you," Modi said at the centenary celebration of the Kirloskar Group in New Delhi.
Modi toned down the anti-corruption drive and reiterated that a company’s lack of success doesn’t necessarily mean that it is the outcome of a conspiracy or greed. Hence, it was crucial to prepare a way for such entrepreneurs and the Insolvency and Bankruptcy Code set the basis for this, he said, urging industry to move ahead without fear.