Union Minister Rajnath Singh on Friday said that the Central government has put forward a new vision for the business community in the country, which is now looked upon with trust and respect.
Addressing the Uttar Pradesh Global Investors Summit in Lucknow, Rajnath Singh said, “The slope of industrial growth in the country was declining due to some historical reasons because of which people used to hesitate to step in to the business sector despite the availability of all resources. Because of this pseudo-secularism, the established industries were also hampered. However, the encouragement and achievements in the sector during the previous years show how the government has presented a new approach towards the business committee.” “The business community is now looked upon with trust and respect as a wealth contributor as the previous ineffective rules- which were a Red Tape for the industry have now turned into a Red carpet,” he added.
He further termed the faith of the International Monetary Fund (IMF), World Bank, and Global Investors Committee in the country’s business sector a ‘matter of pride’ and said: “under the leadership of Prime Minister Narendra Modi, Uttar Pradesh will also gain the pace of development which was once taken up by Gujarat during his Chief Ministerial phase.” (ANI)