Mohandas Pai thinks that the NDA government underestimated the problems of economy but is working hard

Venture capitalist and former Infosys director T V Mohandas Pai has said that the NDA government couldn’t properly estimate the problems in the economy that it had inherited and is now working hard to bring it back on track.

Pai has asked critics to give the government some time to prove itself, while adding that the benefits of its initiatives would result only over the coming couple of years.

Pai even praised the Prime Minister, saying that he has done whatever he could to deliver on his promises.

He also said that some people would disagree with him on this point, as they have not seen any benefits under the new dispensation.

"There is a positive movement in direction. Tax terrorism has come down. Company law administration is improving. There is a distinct improvement compared to 20 months ago. There is no corruption in Delhi (at the level of the Union government). No corruption in Delhi is a big thing," Pai added.

Speaking on the popular 'Make in India' campaign, Pai said that it would take time to work because of lack of investment.

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