Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
follow us on
reach us on app store
news18
» » News18 Shorts

Harvard Business School Dean lauds Modi's 'Make in India' campaign, says need to reduce red tapism

Jan 06, 2015 09:32 AM IST Business Business
Share

New Delhi: Prime Minister Narendra Modi's 'Make In India' campaign continues to get a thumbs up from experts. Dean of Harvard Business School Nitin Nohria has lauded the campaign but said there was a need to reduce red tapism.

He added that the Modi government has to fulfill its promise of translating some of its policies into reality.

Here is an excerpt from the interview:

CNN-IBN: How has this government's performance been?

Nitin Nohria: Enthusiasm remains high. Sentiment is an important thing in business, but most impressive thing is how much optimism remains. People are patiently waiting for some of the promises to change into reality. The patience will last for another year and we'll need to see many more policies translate into reality.

CNN-IBN: Are we likely to see renewed investment commitment to India, in financial services sector?

Nitin Nohria: There are a lot of reasons to be optimistic for FDI and FII from US. Policy changes if get into action we should see a fairly significant change in the situation, fairly significant change in investment. The government has to do a lot to reduce level of bureaucracy that people have to face, red tapism, petty corruption concerns some companies when they think about 'Make in India'. So I would hope that Modi government's commitment to trying to make things simpler, they'll work on the ease of business aspect so that the 'Make In india' campaign could achieve its full potential.

Countdown To Elections Results
To Assembly Elections 2018 Results