The previous government was like a ‘Not Gate’ whereas this one would be like an ‘And Gate’ for the semiconductor industry, said Prime Minister Narendra Modi while inaugurating the three-day Semicon India 2022 conference being held in Bengaluru.
“In earlier times, industries were ready to do their work, but the government was like a ‘Not Gate‘. When any input flows into the ‘Not Gate‘, it gets negated,” the Prime Minister said on April 29 through video-conferencing. “We understand that the government must be like the ‘And Gate’. While the industry works hard, the government must work even harder.”
To facilitate ease of doing business in India, his government has abolished over 25,000 compliance norms, mostly obsolete ones, and also gave a push towards auto-renewal of licences.
