7.3-7.7 percent growth in 2018-19 and expects it to strengthen further in the
few years to come. This in spite of some challenges in the global economy,
including hardening of interest rate regimes, volatility in oil prices, etc,”
said Mr Rakesh Bharti Mittal, President, CII.
mentioning the reforms for the past four years, Mr Mittal described GST and
Insolvency and Bankruptcy Code as the most relevant reforms that would change
the way business is being done in the country.
the massive work that is taking place across states, Mr. Mittal pointed out
that those state governments that work proactively on EoDB are getting better
investments and business interest and the Government of India’s ranking of
States plays a good role in this.