Wednesday, February 29, 2012

Incentives to Manufacturing Industry.

Dr.T.V.Gopalakrishnan , Mumbai , says: The manufacturing secor needs a hassle free atmosphere to carry out their operations.Govt has only to ensure that this sector does not face any administrative delays for getting continuous power supply, harassment by officials from tax authorities and it gets smooth transport,storage and marketing facilities etc. The fact that the ease of doing business is missing in India needs to be addressed and that itself will be a great incentive to make the manufacturing sector globally competitive.Labour laws also needs to be made industry friendly. Will the Govt act with right earnest?
29 Feb 2012, 1741 hrs IST
( This appeared in ET dated 29/2/12).

No comments: