(MC)
Prime Minister Narendra Modi will address the annual general meeting of industry body, the Associated Chambers of Commerce and Industry of India (ASSOCHAM), at 11:30 am in New Delhi. The theme of the event is ‘New India Aspiring for a $5-trillion economy’. Finance Minister Nirmala Sitharaman is expected to present a roadmap on the same around 12:35 pm.
The meet assumes significance as it comes in the backdrop of a number of major events. There have been a number of questions raised about the government’s corporate engagement, with allegations – mainly by opposition parties – that the corporates are afraid to raise their voice and flag their concerns. This follows the recent ‘atmosphere of fear’ comments by industrialist Rahul Bajaj and Biocon CMD Kiran Mazumdar Shaw that the government treats India Inc as ‘pariahs’ and does not want to hear any criticism related to the economy.
