Latest News | Many More Reforms Are Planned, Says Govt Official
Get latest articles and stories on Latest News at LatestLY. The government has brought in many significant reforms and many more reforms are planned, Corporate Affairs Secretary Manoj Govil said on Tuesday.
New Delhi, Mar 5 (PTI) The government has brought in many significant reforms and many more reforms are planned, Corporate Affairs Secretary Manoj Govil said on Tuesday.
He also said the corporate affairs ministry has started a comprehensive review of various rules and regulations.
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The ministry implements the companies law, insolvency law, and competition law, among other legislations. Govil said India is on course to become the world's third largest economy and a developed nation by 2047.
Currently, India is the world's third largest economy.
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The government has carried out various significant reforms and "many more are planned," Govil said.
He was speaking at the international conference on "Transparent Financial Reporting & Audit Quality - Pillars of Corporate Governance' organised by the National Financial Reporting Authority (NFRA).
After setting up the NFRA, the discussions on audit quality have deepened, Govil said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)