On the day the government took key steps, including extension of reduced excise rates for auto and consumer goods besides hiking of paddy MSP, leading industrialist Ratan Tata said the country needs to support the Narendra Modi government’s moves to reboot economy.
“The nation voted for change. We need to stand together to support the new government’s actions to re-build economic growth and prosperity in India,” Tata, the Chairman Emeritus of diversified conglomerate Tata group said on microblogging site Twitter today.
His comments came on a day when the government, in a farmer-friendly move, hiked the minimum support price (MSP) of paddy by Rs 50 per quintal to Rs 1,360 for this year — a decision which may fuel inflation.
–PTI