The overwhelming win of the NDA led by Prime Minister Narendra Modi is a historic win for the country. The decisive election results will propel Indiaâ€™s growth pace to the next orbit and drive the transformation of the country, stated President, Confederation of Indian Industry (CII), Vikram S Kirloskar.
Mr. Kirloskar said ,â€œWe warmly congratulate the NDA on the landslide victory under the visionary leadership of PM Narendra Modi. The sweeping referendum truly redefines the destiny of the country and makes this Indiaâ€™s century.â€
â€œThe stellar and decisive leadership of PM Modi, has led to this magnificent mandate for development. Industry is tremendously excited about Modi 2.0,â€ said Mr Kirloskar.
â€œOver the last five years, the Prime Minister has brought in innovative mega missions that have changed the lives of hundreds of millions of citizens, driving a new template for development. With the mandate for another five years under his visionary and strong leadership, the transformation of India is on the fast track,â€ he added.
â€œThis is a win for India, a win for Indiaâ€™s people, a win for Indiaâ€™s development,â€ he stressed.
The CII press release said that a focused and comprehensive agenda for addressing corruption has delivered outstanding results in the last five years. Game-changing reforms such as introduction of Goods and Services Tax (GST), Insolvency and Bankruptcy Code, lowering of tax rates for small enterprises, ease of doing business, and so have created the right environment for industry to flourish.
In addition, notable policies for easing FDI, improving the intellectual property regime, creation of new investment vehicles and others have been instituted. Spectacular achievements such as Jan Dhan Yojana, distribution of gas cylinders, complete electrification of all villages, construction of 1.5 crore houses, quick progress in roads and highways, and many others clearly show the dedicated commitment of the Government to rapid development and the scale and efficiency of its work, according to CII.
â€œTransparency and rule of law while weeding out corruption has been the main pillar of the Government in the last five years, delivering phenomenal results for industry,â€ said Mr. Kirloskar.
With Indiaâ€™s international leadership greatly strengthened by PM Modi, the country is already at the high table of global affairs. The massive victory further adds to Indiaâ€™s global direction and position.
Statement from President Designate, CII Uday Kotak
CII wholeheartedly welcomes the strong election mandate which clearly reflects the aspiration of the people for a quick and constructive development agenda. Under the visionary leadership of Â Prime Minister Narendra Modi, India stands at a massive turning point in its historical development journey in his next term. CII greatly looks forward to working with the incoming Government on its reinvigorated economic roadmap to make India a $5 trillion economy in the near future.
Statement from Director General, CII,Chandrajit Banerjee
My warmest regards to PM, Narendra Modi on the historical results of the General Elections. The overwhelming mandate of the worldâ€™s largest electorate is clearly forÂ development. Today, India stands at a landmark cusp of history, where it is ready to make thisÂ Indiaâ€™s century.
The clear election mandate strongly reflects the aspirations of the people of India for continued progress and development. With transformational impact on the lives of 1.3 billion Indians, Prime Minister has delivered on his promise of development.
Prime Minister Modiâ€™s strong and decisive governance has addressed corruption at the roots and created a sound business climate. Robust ongoing reform process with landmark policies such as GST, Ease of Doing Business, Make in India, Ayushman Bharat and so on greatly increase investor and consumer confidence. The massive and decisive win unleashes a new wave of growth. Industry is very excited about this magnificent victory.
At the global high table, this is truly Indiaâ€™s moment. Under Prime Minister Modiâ€™s decisive leadership, India has captured the attention of the world and its brand image will only strengthen in coming days.
The election results will reinvigorate the strong and constructive Government-industry partnership and dialogue for growth built by the Government in its previous term and CII pledges to reinforce its policy advocacy and growth initiatives.