Sun, Jun 25, 2017 | updated 11:24 PM IST

CII backs govt., says surgical strikes didn't affect Indian economy

Updated: Oct 05, 2016 17:28 IST      
CII backs govt., says surgical strikes didn't affect Indian economy

New Delhi [India], Oct. 5 (ANI): The Confederation of Indian Industry (CII) on Wednesday backed the predawn September 29 surgical strikes carried out by the Indian Army across the Line of Control (LoC) and said that the move did not have any adverse effect on the economy.

CII Director General Chandrakant Banerjee said that the decision of the surgical strikes was made with sheer clarity which did not let the economy fluctuate.

"Industries backs Central Government on surgical strike says such clarity in decision making is good and no adverse affect on economy over the issue of escalation at borders," he added.

Banerjee said the recent development shows a very defensive sort of an action and a calculated move being taken by the government and the army.

The CII DG further said that India through the much needed attack came out very strongly across the world.

"It is extremely important that India shows its strength in terms of both decision making and action and, therefore, we do appreciate the fact that India came out really very strong across the world," he said.

"We are confident that India is on very strong economic wicket and today the world looks towards India and not just because it's doing well but because of the attention we are enthralling globally," he added. (ANI)

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Eid to be celebrated across India on Monday

Updated: Jun 25, 2017 21:21 IST     

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GST will not hike inflation, assures Centre

Updated: Jun 25, 2017 20:36 IST     

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J-K: Pak violates ceasefire in Naushera sector again

Updated: Jun 25, 2017 19:42 IST     

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Srinagar: Security forces gun down two terrorists in DPS

Updated: Jun 25, 2017 19:23 IST     

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Miscreants destroy Sabarimala Ayyappa temple mast

Updated: Jun 25, 2017 19:02 IST     

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Kovind meets UP CM, BJP MLAs and MPs in Lucknow

Updated: Jun 25, 2017 19:00 IST     

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Mortal remains of CRPF SI Sahab Shukla sent to hometown

Updated: Jun 25, 2017 18:34 IST     

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Ballabhgarh lynching: Villagers to sport black bands on Eid

Updated: Jun 25, 2017 17:35 IST     

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Bhupinder Hooda demands implementation of Swaminathan report

Updated: Jun 25, 2017 17:31 IST     

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Assam CM discuses Indo- Bangla border issue with HM Rajnath

Updated: Jun 25, 2017 17:05 IST     

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PM Modi calls upon people to use E-GEM

Updated: Jun 25, 2017 17:05 IST     

New Delhi [India], June 25 (ANI): Prime Minister Narendra Modi on Sunday called upon the people to use Government -E- Marketplace (E-GEM) portal to sell their products or services to the government.

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