The Corporate Affairs Minister, Mr Veerappa Moily, on Tuesday hinted at creating a “hassle-free” business environment for ensuring an economic turnaround.

The Corporate Affairs Ministry plans to put in place a business index to build competitiveness and create business environment. This apart, the various reform measures being undertaken by the Prime Minister, Dr Manmohan Singh, would help put the economy back on growth track, he said.

“The Prime Minister is working on many reform measures and this will help bring a turnaround in the economy in the next two-to-three months,” he said, while speaking at a seminar organised by the MCC Chamber of Commerce and Industry here today.

The Corporate Affairs Ministry will work with other Ministries to create a master plan for a hassle-free business environment.

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