Corruption is on Retreat in India: George Holding, US Congressman

News:

• Congressman, George Holding, Co-Chair of the powerful Congressional Caucus in India and Indian-Americans, at a discussion held on “Is India Open for Business” organised by the CQ Roll Call and Economist, said in his key-note address that corruption is on retreat in India and referred to the series of steps being taken by the Prime Minister Narendra Modi is trying to bring as much transparency in India as possible.
• “We still have issues that persist. So far the reforms have not come to fruition,” Congressman, John Larson said and hoped that India would be open for business, provided it can get its acts together on patent regulations and rule of law.
• Holding said he would believe in Prime Minister and his commitment but he noted that it would take a long time for turn around the current situation in India, referring to his last trip to India.
• “The rhetoric and promises of Modi before elections have not been converted into action, it is the time his government fulfill the promises he made to the business community,” said Jay Timmons, President and CEO of National Association of Manufacturers.

Source: dnaIndia