Ed­i­tor’s Let­ter

Shoes & Accessories - - News - AMITABH TANEJA Ed­i­tor-in-chief

Fi­nally, some good news has come. The in­dus­try feels that the GST Coun­cil has fi­nally heard their ap­peal. This is fol­lowed by many ex­press­ing hope that soon more pos­i­tive fig­ures will emerge in the in­dus­try. How­ever, we are yet to see how soon the ben­e­fits will be trans­ferred to the con­sumers. What we can sense as of now is that the days of com­plaints are over, though there is clear in­di­ca­tion that more mea­sures are still re­quired.

More could hap­pen, and it is likely that more op­ti­mism will pre­vail de­spite the poor eco­nomic fore­cast. Some of the prom­i­nent in­dus­try stake­hold­ers we spoke to ad­mit­ted that the fig­ures will be around, but this doesn’t mean that they will be with­out chal­lenges. Amidst these, what is most in­ter­est­ing is the en­thu­si­asm and vigour among the star­tups in the in­dus­try which they have com­bined with great so­phis­ti­ca­tion. What we, how­ever, have ob­served is the need for the gov­ern­ment to do more so that our tal­ents and in­no­va­tions are in­cu­bated and nur­tured, only then we will be home to an­other Sil­i­con Val­ley.

It’s ev­i­dent that we need more suc­cess­ful busi­nesses so that some of the ma­jor con­cerns are ad­dressed. This will also re­sult in the busi­ness com­mu­nity help­ing the state ad­dress sev­eral so­cial as well as en­vi­ron­men­tal is­sues caused by in­creas­ing hu­man ac­tiv­i­ties. A coun­try like ours, with such mas­sive pop­u­la­tion and de­mo­graphic di­ver­sity, can­not af­ford to be bogged down. It has to rein­vent it­self to en­sure that the de­fined ob­jec­tives are achieved.

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