India needs to move from ease and cost to speed of doing business, CII president Mukundan says
CII President R. Mukundan argues that India must shift its focus from the 'ease of doing business' to the 'speed of doing business' to remain competitive. He emphasizes that reducing bureaucratic friction and supporting MSMEs are critical for future economic growth.
Why it matters
This perspective highlights the evolving priorities of the Indian private sector in its efforts to scale operations and compete globally.
India’s reforms process needs to move from solely concentrating on ease of doing business to also addressing the speed of doing business, new president of the Confederation of Indian Industry R. Mukundan told The Hindu in an interview.
The article reports on industry advocacy and economic policy from a business-centric viewpoint.
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