CII outlines 100 day agenda to new gevernment
- The Confederation of Indian Industry’s (CII) 100-day agenda along with its action theme for the year ‘Accelerating growth, creating employment’ was unveiled by its new President Ajay. S. Shriram who believes that with systemic reforms India can achieve a GDP of 8%.
- It includes :
- fiscal consolidation,
- introduction of the Goods and Services Tax (GST),
- containing subsidies, keeping them at 1.7% of GDP,
- creating 150 million new jobs,
- fast-tracking of stalled projects
- restructuring labour laws & flexibilities in the labour market
- a permanent National Investment Facilitation Authority to be headed by the Prime Minister,
- a Bill for National Environmental Appraisal and Monitoring authority
- minimum traffic protection to domestic manufacturers against imports.
- Top priorities listed are education, skills, economic growth, manufacturing sector growth, investments, ease of doing business, export competitiveness, legal and regulatory architecture, labour law reforms and entrepreneurship.
Exams Perspective:
- Indian Economy : Present Lacunas
- Measures to revive Indian Economy
- Goods and Services Tax (GST)
- Fiscal consolidation
- Labour Laws in India
- National Environmental Appraisal and Monitoring authority
- National Investment Facilitation Authority