“Hon’ble Prime Minister Shri Narendra Modi has carried out a carefully strategized ministerial reshuffle, aimed at imparting fresh impetus to India’s development process. The elevation of new Cabinet ministers and induction of new ministers with independent charge in crucial infrastructure sectors is designed towards implementation and achievement of key targets,” said Ms Shobana Kamineni, President, Confederation of Indian Industry (CII), welcoming the changes announced in the Council of Ministers today.
Industry welcomes the new ideas and fresh action agendas that the new ministers will bring to their portfolios. At the same time, continuity too has been maintained in the Council. “Overall, the direction of the reshuffle inspires confidence that the path of reforms, ease of doing business and timely implementation will continue to be top priority. This is vital at time when the GDP growth has been flagging,” added Ms Kamineni.
The Government has undertaken numerous reforms such as GST, tackling non-performing assets, introducing the Insolvency and Bankruptcy Code, and placing huge emphasis on transport and power infrastructure. CII appreciates the proactive development policies of the last three years. In coming years, CII expects that the reform process will continue as per the vision outlined by Hon’ble Prime Minister to create jobs, boost investments and transform the country.
CII has worked closely with the concerned ministries in the last three years, and warmly felicitates the new ministers who have taken the oath today. CII looks forward to taking forward its agenda for national development in close alignment with the Government for building the New India.