12,106.90-62.95
Stock Analysis, IPO, Mutual Funds, Bonds & More

Reforms necessary to enhance productivity, unshackle entrepreneurial spirits: K V Subramanian

Subramanian also said there has been a change in stance in government policy with regard to the disinvestment and that is why companies such as Bharat Petroleum are being privatised.

PTI|
Dec 10, 2019, 05.42 PM IST
0Comments
BCCL
​Subramanian
Subramanian also said there has been a change in stance in government policy with regard to the disinvestment and that is why companies such as Bharat Petroleum are being privatised.
NEW DELHI: Chief Economic Advisor K V Subramanian on Tuesday said reforms are necessary to enhance productivity in the economy and unshackle the entrepreneurial spirits.

Insolvency and Bankruptcy Code, goods and services tax (GST) and programmes such as Pradhan Mantri Jan Dhan Yojana are some of the measures taken by the government towards reforms, Subramanian said at the 'FICCI Arise Conference: Future Ready Learners and Schools' here.

"We do need more reforms to enhance productivity in the economy. We need reforms to unshackle entrepreneurship in the country," he said. Reforms that the country is seeing today are articulation of cogent vision, he added.

He said human capital and education are also key factors for the growth of the economy.

Subramanian also said there has been a change in stance in government policy with regard to the disinvestment and that is why companies such as Bharat Petroleum are being privatised.

Also Read

View: Time to re-form to reform

Reforms in registration a step towards global standards

Interministerial talks on gas sector reforms begin

Governance reforms take centre stage

PM-Kisan, mandi reforms steal the show in 2019

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service