You are here: Home » Companies » News
Business Standard

India Inc lauds PM's resolve to protect livelihood, economy amid Covid-19

India Inc has applauded Prime Minister Narendra Modi's resolve to protect the livelihood of the common people and economic activities amid the surge in Covid-19 cases.

India Inc | Indian Economy


india inc, tax payment, advance tax, collection, companies, MNCs, firms, engineers, workers, employee, staff, jobs

has applauded Prime Minister Narendra Modi's resolve to protect the livelihood of the common people and economic activities amid the surge in COVID-19 cases.

"With strong focus on economic growth, Hon @PMOIndia (Prime Minister) has given clear priority on livelihoods. Local containment measures at the micro-zone level are the right way to keep growth engines firing and retain job creation," Vikram Kirloskar, past president CII and Chairman and Managing Director of Kirloskar Systems, said in a tweet.

"Industry deeply appreciates this strategy," he said.

Chairing a comprehensive high-level meeting with Chief Ministers and Lt. Governors/ Administrators of States/UTs to review public health preparedness to COVID-19 and national COVID-19 vaccination progress on Thursday, the Prime Minister stressed that while making any strategy, it is very important to keep in mind that there should be minimum damage to the livelihood of the common people, economic activities, and momentum of the economy should be maintained.

"By exhorting Chief Ministers to focus on local containment, economic activities will remain protected and jobs will be preserved. CII will continue to stand shoulder to shoulder with the Central and the State Governments to battle the pandemic, build healthcare infra and ensure vaccination," Confederation of Indian Industry (CII) said.

Sanjiv Mehta, President, Federation of Indian Chambers of Commerce and Industry (FICCI) said: "PM statement today at the meeting with the state CMs that there should be minimum damage to livelihood, economic activities and the momentum of economic activities should be maintained is indeed reassuring for the industry."

"His (Prime Minister) direction to states to focus on local containment will ensure that the economic recovery is on track. FICCI welcomes the statement and hopes that states will continue their proactive and pre-emptive approach to fight the virus," Mehta said.

"PM's direction to the Chief Ministers to focus on local containment would lead to the states striking a balance between different aspects while implementing restrictions. Thus, the impact on economic activities would be minimal," said Vineet Agarwal, President, ASSOCHAM.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, January 14 2022. 15:09 IST