"CII had put forward industry's ten-point agenda for economic revival to Government last month," stated Kris Gopalakrishnan, President, CII. "It is heartening that Government is taking action to counter the economic downswing," he said.
"Responding to the fast deteriorating economic parameters, CII had presented 'An Agenda for Economic Revival' to the Government in July. While the Government has outlined targets for CAD and fiscal deficit, CII said that specific steps are urgently required to stimulate growth and to improve investor sentiments," said Gopalakrishnan.
In its ten-point agenda, CII has recommended a comprehensive set of actionables, said the CII release.
In addition, CII has also placed recommendations for specific sectors for consideration of the government.