The Modi government has scrapped the EGoM and GOMs and has asked ministers and bureaucrats to work for six days every week. The prime minister wants to change the work culture of bureaucrats and ministers.
The signals are very positive and its music to my ears to hear Nirmala Sitharaman talk about self-certification and third party certification. We have to get out of this approval Raj.
Kiran Mazumdar Shaw
CMD
Biocon
If one week is anything to go by, then the Modi-led BJP government is making all the right moves, believes Kiran Mazumdar Shaw, chairman, Biocon .
Speaking to CNBC-TV18, Shaw says the Centre now seems to have the political will to revive the economy and believes that the leaders will now get the bureaucrats to perform exceedingly well.
The Modi government has scrapped the EGoM and GOMs and has asked ministers and bureaucrats to work for six days every week. The prime minister wants to change the work culture of bureaucrats and ministers.
Below is the edited transcript of the interview.
Q: It's too premature, it's just been a week for the Modi government in office but some would say that he has gotten off to a good bold start where it's the way that they have now decided to bring together allied ministries, club ministries like power and coal together, steel and mines together, corporate affairs and finance ministry together – gotten off to a good start. How would you assess the one week performance?
A: I certainly think the signals are very positive and its music to my ears to hear Nirmala Sitharaman talk about self-certification and third party certification. I really believe that we have to get out of this approval Raj. I think we need rationalisation and simplification of regulations in a big way. This is what is slowing down industrial growth, investment and whatever we want to address in terms of kick starting growth and the economy.
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