India is losing the fiscal plot with bureaucrats trying to marshal resources by squeezing taxpayers, foreign investors, firms planning buybacks and even the RBI.
Better highways mean trucks can carry bigger loads, so demand for trucks is falling. Such improved productivity must be taken into GDP consideration, but is it?
It’s hard to build a house, run a business, or do anything without paying bribes. And yet, citizens’ anger about this open, unchecked corruption won’t erupt into Anna Hazare-type rallies.
As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.
Amid continued concerns over cross-border terrorism, General Upendra Dwivedi further warned the neighbour that India will not show restraint if there is an Op Sindoor 2.0.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
Very extensive diplomatic engagement with the rest of the world is not translating into immense investment flows or even an expansion of merchandise trade. As for the litany of woes that investors face, barring moving up a few notches in the Ease of Doing Business, not much seems to have changed IPOs the ground. Not said facetiously, for the next five years, there should be Zero investment of time and effort in organising Investor Summits,
Modi ought to use his political capital to get more investment in India. Apart from action within the sphere of central government, he should invite partnership from two or three states who are willing to offer one stop quick time start of new businesses along with structure for contract enforcement, transport, communication etc. As other states understand benefits of such partnership, entire country can be covered soon. We all know what is required to attract business but have structural issues to deal with. Only a strong leader like Modi can do this with a dedicated vision n commitment.
Very extensive diplomatic engagement with the rest of the world is not translating into immense investment flows or even an expansion of merchandise trade. As for the litany of woes that investors face, barring moving up a few notches in the Ease of Doing Business, not much seems to have changed IPOs the ground. Not said facetiously, for the next five years, there should be Zero investment of time and effort in organising Investor Summits,
… changed on the ground.
Modi ought to use his political capital to get more investment in India. Apart from action within the sphere of central government, he should invite partnership from two or three states who are willing to offer one stop quick time start of new businesses along with structure for contract enforcement, transport, communication etc. As other states understand benefits of such partnership, entire country can be covered soon. We all know what is required to attract business but have structural issues to deal with. Only a strong leader like Modi can do this with a dedicated vision n commitment.