New Delhi: The measures announced by the government will help in promoting investments, demand and ease of doing business, exporters body FIEO said in Friday.
Federation of Indian Export Organisations (FIEO) President Sharad Kumar Saraf said that release of funds to recapitalise public sector banks will go a long-way in easing liquidity and further giving a much needed boost to the economy in such challenging times.
“The announcements made by the government is aimed at investment stimulus, demand stimulus, ease of doing business and recognition to wealth creators,” he said in a statement.
He said simplifying the GST will further help the trade and industry to overcome their problem of liquidity and capital requirements.