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India Inc hails PM Narendra Modi's 10-point agenda, says it will revive economy

May 30 2014, 20:10 IST
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India Inc today said it will help revive the economy and boost the country's image as an attractive investment destination. PTI India Inc today said it will help revive the economy and boost the country's image as an attractive investment destination. PTI
SummaryPrime Minister Narendra Modi yesterday outlined a 10-point vision.

Hailing Prime Minister Narendra Modi's 10-point vision, India Inc today said it will help revive the economy and boost the country's image as an attractive investment destination.

Prime Minister Narendra Modi yesterday outlined a 10-point vision which includes increasing investment, completing infrastructure projects in a time-bound manner and using the natural resources to the country's benefit.

Terming the agenda as "action oriented", Ficci President Sidharth Birla said: "Clarity, certainty and timely implementation of policies is what the industry desires and when translated into action, a sound basis will be set for investments to flow in".

"Distribution of work to Ministers in generating detailed plans sends strong positive signals about the intention of the Cabinet to function as a cohesive group. This will ensure a conducive economic climate," he added.

Echoing similar sentiments, PHD Chamber President Sharad Jaipuria said: "The agenda provided by the new government is inspiring and would go a long way to foster strong, stable and inclusive India".

"We look forward to implementation of 10-point agenda and making India an attractive investment destination for Industrialists both domestic and overseas to push India's growth on the high road in coming times," he added.

Jaipuria further said the reforms in infrastructure and investments would make India an attractive destination and improve its international competitiveness.

Focus on education, health, water, energy and roads will improve the quality of life and standards of living and improvement in overall human development of the country, he added.

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