NK Singh Advocates Incentives for Pro-Business States

11 Dec 2023 CW Team

NK Singh, Chairman of the Fifteenth Finance Commission, emphasises the importance of incentivising states that enhance their business climate to attract private investment.

Recognising the critical role states play in fostering economic growth, Singh advocates for a system that rewards and encourages pro-business policies at the regional level.

The call for incentivisation aligns with the broader goal of promoting a conducive environment for private investments and economic development across the country.

Singh's proposal underscores the need for collaborative efforts between the central and state governments to drive comprehensive economic reforms and create a favourable landscape for both domestic and foreign investments.

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