New Delhi, May 23 (UNI) Leading industry body FICCI on Thursday congratulated Prime Minister Narendra Modi for NDA's victory in the 2019 Lok Sabha Elections and getting a landslide majority to form the next government at the Centre.

“The continuity and stability at the Centre will not only allow the government to continue with the pace of reforms set by GST, IBC and RERA, but it also brightens the chances of extending the reform mode to other critical areas like land and labour laws,” FICCI president Sandip Somany said.

He said there was an urgent need to bring investments on track and boost consumption to better GDP growth from the current around 7 per cent level, which will help in generating more jobs and taking care of the rural distress.

“FICCI from its side has submitted a robust agenda for growth to the government comprising measures to achieve these objectives and we are hopeful that the measures recommended by the chamber will certainly help in this endeavour,” he added.

The six key points of the agenda are passage of the pending bills, announcement of policies, including E-commerce, Industry, Retail and E-pharmacy, simplification of GST, lowering of interest rates, addressing farm distress and creation of an eco-system that promotes employment.

Another industry chamber Confederation of Indian Industry (CII) also extended its heartiest congratulations to the Prime Minister.

“Our warmest & heartiest congratulations to Honourable Narendra Modi on the phenomenal victory today. Last 5 yrs of very strong decisive leadership has seen India rise to such huge heights globally & within the country,” CII DG Chandrajit Banerjee said on the Twitter.

UNI SW SHK1856