CBI Case against Birla and Parakh - 'Capable and Highly Regarded officers and business leaders cannot be made scapegoats of mere suspicion and misconstrued actions' - FICCI Chief
"THE key to sustaining economic growth and promoting development is good governance and quality decision making. In the recent past, we have been witness to some very unfortunate developments. We find that cases are being registered against top bureaucrats and industry icons. It goes without saying that such developments dent the national psyche and also dampen investor confidence; both domestic and foreign. There is also a feeling that with repeated episodes of a trust deficit between Industry and Government, the business sentiment and the investment environment would be vitiated and India could slip further from the growth trajectory that is so necessary for us to maintain.", said Naina Lal Kidwai, President FICCI.
She added, "we also need to bring back a regime of courageous decision making. Decisions made in the interest of progress, when made in a transparent manner with no personal gains and without malafide interest are critical for growth. Capable and highly regarded officers and business leaders cannot be made scapegoats of mere suspicion and misconstrued actions".