Growth prospects remain positive for the Indian economy, with the government strongly accelerating its reform announcements, a Dun & Bradstreet report says.
According to the research firm, reform announcements are gaining momentum and growth prospects remain positive despite the fact that the Indian economy is at a crucial juncture amid an investment lull and weak exports.
“The real estate Bill, the new Hydrocarbon Exploration Licensing Policy, the Bill to amend the Companies Act and the proposed introduction of the bankruptcy code bear testimony that the government is well focused on reviving the investment climate and improving ease of doing business scenario in India,” said Arun Singh, India Senior Economist, Dun & Bradstreet.
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