PM Invites Japanese Businesses; Promises Speedy Clearances

Asserting that good governance is his priority, the Prime Minister said single window-clearances is a significant part of it as he realizes the importance of easing business, simplifying procedures, quickening processes and using technology.

"I understand well the importance of coordination between government and industry," he said while noting that he wants to replicate the experiments he made in Gujarat at the national level.

"I have decided a Japan-plus Special Management Team directly under the PMO to absolutely facilitate proposals from Japan. I also propose that you nominate two people from Japan who would be made part of a team which looks into business proposals and they can be permanently part of our decision- making," he said.

"The results of initiatives taken in the first 100 days of my government are clearly visible," he said.

He talked about the "bold" decision to allow 100 per cent FDI in railways and the "significant" decisions of raising the cap of FDI from 26 percent 49 percent in defence and insurance.

He said results of these decisions will be visible soon.

"To make the PMO more efficient, we have started Japanese Management System. Training is already underway under the Kaizen system (of management)," Modi said, adding this was to bring the Japanese efficiency, at least in his PMO.

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