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'Good Days Are Coming' Says IMC

Monday, May 19, 2014
By Shanmukh Singh

The NDA lead by BJP, which secured more than 280 seats alone, has taken 334 seats and this is expected to bring in “a strong government, otherwise put as a government in command”  said  Arvind Pradhan, Director General of the IMC, in a post election meeting.

Echoing a similar sentiment, Shailesh Vaidya, President of the Indian Merchant Chambers, stated “Ever Since Mr. Modi was declared as the PM candidate by the BJP in September 2013, a lot of hype and expectations from the government have been created. The public has given them an unprecedented verdict.” Disgusted over the end period of the congress rule, India today seems happy over the whole “good days are coming” note, businessmen are confident as ever and so is the general public. Though the effect maybe temporary and insufficient to cope up with the dampening in the last two years, but still the sentiments are good. That is one of the major aspects in an economy which would lead the nation back to the the growth path.

Contrary to the expectations from the congress, on whom most of the people gave up after the policy paralysis situation people expect a whole lot of things that would alter if not change the face of the economy, the economy being the most important aspect. But there are more issues the new government has to address other than the economy. Vaidya states some of them as, “Good Governance, clear policy, decision making and implementation and Financial reforms to promote investment growth.” He also says that “Under UPA ease of doing business had decreased, majorly due to a policy paralysis and lack of project clearances with issues relating to land and environment.”

Chairman of the Tourism and Hospitality Committee of IMC, Pradip Madhavji said that “BJP is the only party that has diversified its outlook to industries out of the core sector. It has mentioned industries like tourism in its manifesto, which shows the need as well as willingness of the BJP to diversify into other sectors to promote growth, employment and other indicators to reap benefits from these sectors which have a great scope to develop.” Diversification of growth is an important step to ensure and promote growth.

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