Devendra Kumar Vyas, Chief Executive Officer at SREI BNP Paribas pens down the wish list of expectations from the new government.
With the National Democratic Alliance (NDA) having formed the government, industry expectations are high that the new Prime Minister will be able to lead the economy out of the low growth era through decisive governance. Industry feels that the PM believes in execution more than complex policy making. Whether this assessment gets to see the light of the day will be known in the near future and each one of us in the industry is hopeful.
I personally feel that the Indian economy’s problems are mostly domestic in nature which needs to be addressed with speed. The PM may first want to create an enabling environment for business. It would not only help large business houses, but also MSME, who are harassed for multiple procedural requirements. My wish lists of expectations from the PM are scripted more as an industry voice from customers and financiers as well.