Hyderabad, May 31 (GCBusiness) Federation of Indian Export Organisations (FIEO) on Friday said that the BJP-led NDA-II government at the Centre would further address infrastructure bottlenecks to impart competitiveness to exports.
In a statement here, FIEO President Ganesh Kumar Gupta said the landslide victory and mandate given to Prime Minister Narendra Modi should result in proactive and policy environment.
He said that the new Government will have to bring back manufacturing on track to sustain exports and economy.
Mr Gupta said Mr Modi’s leadership has energized the overall trade and industry further assuring the continuity of reforms, stability and stronger economic growth towards a more resurgent, powerful and new India.
The exporting fraternity looks forward to his continuous guidance and support encompassing economic growth, sustainable and inclusive development for all based on robust fundamentals, Mr Gupta added.
The Federation also conveyed its warm wishes and congratulations to the new Union Finance Minister, Nirmala Sitharaman and the new Union Commerce and Industry Minister, Piyush Goyal along with other Union Council of Ministers.
Mr Modi and his government were instrumental during their earlier tenure in bringing some of the biggest reforms in the country including the implementation of GST, Demonetisation, Improvement in Investment Climate and Ease of Doing Business besides various key achievements including the fastest growing
economy and country’s merchandise exports registering an all-time high of USD 331 billion with total exports surpassing half trillion dollar mark, he said.
Mr Gupta reiterated that in order to further give a boost to the economy, the Government has asked the Ministries to prepare a list of issues that they will take up in the first 100 days in office, with a focus on efficiency, delivery systems, implementation and resolving of all pending issues urgently.