The Indian Chamber of Commerce and Industry has stressed upon the need to “jump start” reforms in Kerala to stay ahead in attracting investments and bringing jobs.
Kerala still has a long way to go when taking into consideration the recent World Bank report on 'Assessment of State Implementation of Business Reforms' which rightly drew attention to areas where the State needs to revamp, the chamber president, Rajkumar Gupta, said.
Addressing the 118th annual session, he pointed out that the report provides deep insights into the regulatory practices across states and highlights how states are implementing reforms. Kerala is grouped with Arunachal Pradesh, Assam, Bihar, Uttarakhand, Nagaland and Andamans.
The World Bank report comes at a time when the Prime Minister is trying to attract investments and create jobs through initiatives like Make in India, ease of doing business etc, he added.
The chamber also offered its involvement and participation in implementing an effective policy concerning the broad needs of the State.
E.Sreedharan, Principal Advisor, Delhi Metro Rail Corporation, was the chief guest at the function.