CII salutes Hon’ble Prime
Minister for impressive implementation of new campaigns and schemes announced
in the last 15 months. Social security, Startup India, and agricultural
productivity as stressed by Hon’ble Prime Minister are the foundations for the
next growth trajectory.
The objective of offering
incentives for investments is to promote employment. It makes eminent sense to
give incentives directly as per employment generated. The parameter of
employment in financial incentives to new manufacturing units as stated by
Hon’ble Prime Minister in his Independence Day Speech can be a game-changer for
labour-intensive sectors like textiles, leather, food processing and so on. CII
strongly welcomes Hon’ble PM’s announcement of this innovative idea and we hope
the details would be announced quickly.
New Delhi
August 15, 2015