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India Inc is a pariah, feels govt dislikes criticism: Kiran Mazumdar Shaw

Shaw's remarks came a day after veteran industrialist Rahul Bajaj said the people were afraid to criticise the government.

Press Trust of India  |  New Delhi 

Kiran Mazumdar-Shaw
Kiran Mazumdar-Shaw, Biocon chairman & lead independent director at Infy, was fined ~9.5 lakh for selling firm’s shares without intimation

Biocon Chairperson and Managing Director on Sunday said the government did not want to hear any criticism on the economy while expressing hope that it reaches out to the to work out solutions to revive growth.

Shaw's remarks came a day after veteran industrialist said the people were afraid to criticise the government.

"Hope the govt reaches out to for working out solutions to revive consumption n growth. So far we are all pariahs n govt does not want to hear any criticism of our economy," Shaw said in a tweet.

Bajaj, at an award function on Saturday in Mumbai, had said that there was an "atmosphere of fear" and people were afraid to criticise the government and do not have the confidence that the government will appreciate any criticism.

The audience included Home Minister and Finance Minister Nirmala Sitharaman, among others.

Recently, former prime minister Manmohan Singh, delivering his valedictory address at a national conclave on the economy, said that many industrialists tell him they live in fear of harassment by government authorities.

(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.)

First Published: Sun, December 01 2019. 22:45 IST
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