65 percent of CEOs in India expect a market friendly govt.

By siliconindia   |   Friday, 17 April 2009, 23:32 IST   |    7 Comments
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Bangalore: The corporate world in India expects a lot from the new government to aid in fostering its development. As per a study, 65 percent of CEOs and enterprise owners anticipate the next government to be market friendly. The findings based on a survey done by Network18 along with Synovate India also found that the biggest challenge that awaits the new government is to maintain growth and tackle terrorism. The top notch executives also insisted on labor reform and 28 percent of the people want the new leaders to focus on pension reform in the wake of the economic challenges posed by continuous job losses. The corporate leaders also maintained that the infrastructure projects adopted by the government will gain momentum, with 66 percent of the total polled giving their nod on it. While the leaders expect the new Lok Sabha to prove fruitful for the country, yet there is a hesitation on the stability of the upcoming Parliament. Only 10 percent of the CEOs expected a stable government.