Das said the incoming government needs to abolish at least 70 clearances if manufacturing in the country has to be boosted. There was also a need to reform senseless labour laws and at the same time have a labour welfare fund.
The Cairn-Vedanta deal has been hanging for the last eight months and delay in government approvals has forced Cairn India and Vedanta to extend the deadline for the deal to May 20. In an exclusive interview on CNBC-TV18, Amy Kazmin, South Asia correspondent of Financial Times shares her point of view on the issue.