"In other words, getting more efficiency in government. I think that's an approach reflected in the budget and it's a step by step process. It is a big step in the right direction," Royce said.
Emphasising that there was scope for improving efficiency in governance, he said it takes 80 permissions to set up a hotel in India against six in Singapore. "I know from the companies across U.S .how focus they are on the opportunities in India," he said.
Royce said the bilateral trade volume was one fourth of what it was and taking it to $500 billion would not be difficult. Asked about India's position on the Ukraine issue, he said it will not have any impact on Indo-U.S. ties. "I do not think it is going to affect the relationship with the U.S.," he said while calling the issue as "tremendously complicated subject". He said Russia was recruiting youths to fight in Ukraine. Indian-American Congressman Ami Bera, who is part of the delegation, said there has been a real sense of energy in the ties and it was time to move the relationship forward. He said it could be the defining relationship of the 21st century. Speaking about the details about certain issues, he, however, added that devil could be in the details.