‘Govt role is to enable biz, not micromanage’
18 Jan 2015 11:37 PM GMT
The Government’s role in business is facilitating it, not micro management, Power Minister Piyush Goyal said here on Saturday. “We need to do away with government controls. The government’s job is not to run businesses but facilitate business,” he said at the ET Global Business Summit here.
“The role of the government is that of an enabler and not to micromanage business. It should provide ease of business,” the minister opined.
However, he said that the government and the private sector need to work in tandem as both need to co-exist for better development of the infrastructure sector. The decisions which are made by the government are done after calibrating whether it is economically wise and politically wise.
“The role of the government is that of an enabler and not to micromanage business. It should provide ease of business,” the minister opined.
However, he said that the government and the private sector need to work in tandem as both need to co-exist for better development of the infrastructure sector. The decisions which are made by the government are done after calibrating whether it is economically wise and politically wise.
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