A day after HDFC chairman Deepak Parekh criticised the government for nothing changing on ground with regards to ease of doing business, finance minister Arun Jaitley on Thursday said that the government rather was being criticised for being “too fast”.
“It’s an irony that after having seen lethargic governments, you today have a government which is criticised for being too fast. Why you bring ordinances, you should wait till the cows come home and everybody can be settled and decisions can be taken. So in fact one great criticism which has come is you should have waited and not acted fast,” Jaitley said at the launch of E-biz portal here, even as he evaded the question on Parekh’s remarks.
On Wednesday, Parekh had said that Prime Minister Narendra Modi had lucky period of nine months, “however, after nine months, there is a little bit of impatience creeping in as to why no changes are happening and why this is taking so long having effect on the ground.”
Taking on the UPA regime, the finance minister said that the erstwhile dispensation scored lots of “self goals”, while he assured that the present government will make it easier to do business and expedite the environmental clearances for projects to woo investors.
“India cannot be divided into two different schools of thought. There is a stance for the businesses, there is a stance for the poor people,” Jaitley said adding that the best way to deal with the problem of poverty is encouraging business and industry as they bring in higher revenues and increase the ability of the government to deal with the problems.