Vizagapatam Chamber of Commerce & Industry has sought the intervention of Chief Minister N. Chandrababu Naidu to put an end to inspection raj to woo investors to the State.
In a letter to Mr. Naidu, VCCI vice-president A.V. Monish Row said various revenue departments and regulatory agencies, leaders of political parties were either guided by their targets or were taking great pride in targeting others.
Concern
Expressing concern over the rhetoric indulged in wooing investors and launching mega projects, he said on the ground nothing was happening and the promise of doing business had been affected due to licence raj.
“We often compare ourselves to China, an undoubted leader in manufacturing, whose government is very focused on fostering a business environment that is unmatched even in developed countries. If we are to match countries like China, which is seven to 10 years ahead of India, we would need to set our house in order to such an extent that when Apple CEO visits India, he comes looking to set up a base to make phones rather than just praise our talented youngsters,” he stated.
Mr. Monish Row said projects like Visakhapatnam-Chennai Industrial Corridor, Sagarmala, PCPIR and Make in India would remain mere slogans and unemployment would continue to grow and the great potential of India would remain unfulfilled.
“AP must take concrete steps to ease any political interference as well as inspection raj if we are to grab some share of the proposed investments in the years to come,” he said in the letter.
