The electoral verdict signals a clear mandate for development, employment and growth in industry and manufacturing sectors, which time and again the BJP Prime Ministerial candidate Narendra Modi has assured the country, according to the All India Association of Industries (AIAI).

“In view of the clear mandate given in the 2014 Lok Sabha elections, India seeks a stable government which is the dire need of the hour. People of India have en-mass reposed their full confidence in the BJP Prime Ministerial candidate,” said Vijay Kalantri, President, AIAI.

Kalantri, who is a former treasurer of the Maharashtra Pradesh Congress Committee, further stated that in view of the slowdown in the economy, slump in domestic and foreign investment as well as tapering of flow of investments due to policy paralysis and non-transparency in policies which the country has been witnessing, people from all walks of life have turned to BJP and reposed their confidence in Modi.

The Gujarat model of development, which brought in its wake enormous success, has caught the imagination and instilled hope in the people of this country that the Government led by Modi can bring about many good changes through good governance and transparency, he said.

AIAI expects the new government to devote attention to the implementation of Goods and Services Tax, doing away with retrospective Tax, General Anti-Avoidance Rule, more transparency in regard with coal, gas and mining linkages, infrastructure and promoting small-scale enterprises to generate employment and rationalisation of tax-policy and multiple licenses and redundant laws.

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