must to keep the fiscal deficit under check. Planned capital expenditure should not be compromised for revenue spending. A permanent solution lies in linking social spending to asset creation and skill building. Appropriate linkage of NREGA with productive work would meet inclusivity objectives, while adding to growth," Birla said.
Pointing out that in the current environment, decision making had totally slowed down, Birla said: "We must be seen as a nation inviting capital. Clarity in policy formulation, certainty in legislative interpretation besides time-bound, transparent implementation of policies with minimal discretion is what business relentlessly seeks."