We're now in the era of speed of doing business, says Nara Lokesh

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The Andhra Pradesh government on Tuesday signed a memorandum of understanding (MoU) with Reliance Industries under which the conglomerate will invest Rs 65,000 crore to set up 500 compressed biogas plants in the state in five years.

Nara Lokesh, who led negotiations, tells Archis Mohan in an interview over telephone and email that the government moved from proposal to MoU in just 30 days, underscoring its conviction that the “era of ‘ease of doing business’ is over”.

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Category: BusinessFinance

Markets: India

Topics: Indian politics Andhra Pradesh government Nara Lokesh

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 00:05:57 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 94 words

Reading Time: 1 minutes read

Sentences: 4 lines

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Copyright Owner: © Business Standard

News ID: 23558092

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