New Delhi, May 26 ANI | 7 months ago

Confederation of Indian Industry (CII) president Ajay Shriram on Monday congratulated Narendra Modi on his assuming office as prime minister and said that the business body will work closely with him.

"CII warmly felicitates Prime Minister Shri Narendrabhai Modi on assuming office after a momentous verdict in the elections and wishes him all success as Prime Minister. We look forward to the new Prime Minister's sagacious and astute leadership of the nation at a challenging period. CII also welcomes and congratulates the new Cabinet of Ministers which has taken charge," Shriram said.

"We believe this is a pivotal moment in the nation's history that can shape the future of our 1.2 billion people. Hon'ble Prime Minister's stress on growth and development has translated into an unequivocal mandate for change, and Industry looks forward to a new era of reform and liberalization of the Indian economy. At the current juncture, it is vital to revive the pace of GDP growth, bring down inflation, and create new jobs on a large scale. CII anticipates a quick and proactive agenda of economic and governance policies, including fiscal consolidation, fast-tracking of stranded projects, and sectoral initiatives for infrastructure, manufacturing, agriculture and mining," Shriram added.

He said: CII looks forward to working closely with Narendra Modi and the new Government.

(Posted on 26-05-2014)

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