Press Information Bureau

Government of India

Ministry of Commerce & Industry

22-September-2016 12:12 IST

Commerce and Industry Minister Smt. Nirmala Sitharaman has said that the Government is focussed to spend on infrastructure in a big way to create smooth logistics experience for industries. Addressing the inaugural session of the Invest North Summit she said the interaction between industry and government is essential. She said that regulatory quality will improve but not the frequency and intensity. The Minister said that on ease of doing business nearly 12 states have satisfied 75% of the conditions which is a welcome step where states are responding positively.

The two day summit will focus on investment climate in Northern States of India.

MJPS

Infrastructure-led logistics reform to improve industry supply chains through increased public investment and regulatory quality improvements. Government emphasises major infrastructure investment to create smoother logistics for industry and improve commercial efficiency. Industry-government engagement is essential to implement these measures; the policy aims to enhance regulatory quality without changing the frequency or intensity of interventions and highlights state-level progress on ease of doing business as part of efforts to improve the investment climate.