New Delhi: Government’s role in business is facilitating it, not micro management, Power Minister Piyush Goyal said here on Saturday.
“The role of the government is that of an enabler and not to micromanage business. It should provide ease of business,” the minister said.
The decisions which are made by the government are done after calibrating whether it is economically wise and politically wise.
Meanwhile, the government is hopeful of attracting USD 250 billion investment within 4-5 years in the power sector.
Goyal had earlier said that investments for power generation, coal mining as well as electricity distribution and transmission sectors would help the government increase power generation and ensure electricity supplies to all households by 2019.
To increase thermal power generation, the production target for state-run Coal India has been set at 1 billion tonnes by 2019.
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