Harshavardhan Neotia, chairman of Ambuja Neotia Group called for more reforms, like a friendlier tax💰 administration and adversarial, as he took over as president👔 of FICCI. Neotia said that the Modi✌govt.’s reforms for the last 18 months will start to yield results now. He expected a higher growth📈 than 7.2%, but said 🇮🇳 would go higher soon . He said that the tax administration needed to be more user friendly👍 and 2.9% of the population👥 paying taxes needs to go up to at least 5%. He stressed on the need for disinvestment and also like to see recapitalisation of banks🏦 so that they can be in a position to lend. Neotia said that the GST is an important legislation to unify markets, bringing a lot of non-compliant people within the tax💰 net, it won’t stall growth and should bring the GDP up📈 by 1.5%.