Piyush Goyal Urges Industry to Tap Rs 1 Lakh Cr ANRF
Deccan ChronicleNew Delhi: Union commerce and industry minister Piyush Goyal on Thursday urged the industry to utilise Rs 1 lakh crore Anusandhan National Research Foundation fund to foster innovation and create a research based ecosystem in the country. Emphasising the need to raise quality standards in the country, the minister urged FICCI to tap into its technical committees and appoint a representative from every industry to ensure standards are maintained. Mr Goyal also urged the industry leaders to play a more proactive role and work closely with the government in their agenda to reduce compliance burdens and decriminalise laws detrimental to businesses which will lead to improvement in ‘Ease of Doing Business’. "Bringing in private sector institutions to be part of the industry academia government partnership in fostering innovation and collaboration with the industry to meet the needs of the people and spur exports," he added.
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