Need permanent changes, policy predictability and flexibility: Mukesh Aghi

President, CEO at US-India Strategic Partnership Forum, Mukesh Aghi says that India needs a transparent policy environment

Various State governments in India are taking drastic steps in a bid to attract investments moving out of China. Mukesh Aghi, the President and chief executive officer at US-India Strategic Partnership Forum told Somesh Jha in an interview that the labour law changes by the State governments are in the right direction but a permanent change to the laws is more preferred than temporary changes. Edited excerpts:

A lot of state governments have started relaxing labour laws. In fact, we have seen the UP government, for instance, exempting companies from almost all labour laws for 3 years. What’s your idea