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Started by : Dayanand Deshpande, Senior Consultant, Ernst & Young   08 25 2009 07:18:29 +0000
Industry : Hedge Funds/VCs/Private EquityFunctional Area : India(Markets)
Activity:  44 views;  last activity : 07 06 2010 20:18:09 +0000

Recently there was a gathering of nearly 100 CEOs on Mission 2010, the reform roadmap organised by ET Now.

The Finance Minister Pranab mukherjee said that the rate of investment has risen in the last decade and the Indian economy has weathered the storm. The industrial sector has shown signs of revival, demand for capital goods have picked up and India cannot wish away the impact of global crisis. Government is working hard to attract investment.

http://www.topnews.in/files/Pranab%20Mukherjee_0.jpg

So in this regard we need more reforms which will attract investments, So what are the kind of reforms that are required now and in this regard how to raise income generation??

 
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1 2 3 4
1 More SEZ's
2 The world is bankrupt : Tap Indian funds to increase income in India
3 Tax sops to attract investment
4 Implement the plan

More SEZ's

idea posted by Esha Johar Risk Analyst, Irevna

I think we need more SEZ's(special economic zone) to attract investments and also some better regulation at the center where India needs to put in place a credible regulatory environment, and put in place institutions to channelise these funds, for developing projects under the PPP mode..

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The world is bankrupt : Tap Indian funds to increase income in India

idea posted by SR Sham Sunder CEO/MD/Director Technoaid

I understand that the question includes increase of Indian income.

If this is so, then we should look to tap funds Indians have and encourage such people to invest in India.

In my view, there is an entry barrier on listed stocks.  We should allow listing of stocks at regional levels without a large entry barrier.  

I am trying to promote an umbrella of BPOs which will also float KRATE : Knowledge, Resources and Talent Exchange.  There will be no entry barrier to this and the shares are freely tradeable.

This in my view, encourages local people to invest their savings.  Since knowledge Talent and resources are criteria, investors have better picture about potential for their investment.  

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by Jyoti Rath, Sr. Associate, Barclays  | 08 25 2009 08:44:09 +0000

I appreciate Mr. Sham sunder's views. Definitely, by promoting umbrella of BPOs which also floatin KRATE, local people can be encouraged to invest their savings.

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Tax sops to attract investment

idea posted by Dayanand Deshpande Senior Consultant, Ernst & Young

According to me this is what attracts investments in a huge number from other countries, there should be a slew of sops such as waiver in the electricity duty, subsidy for evacuation arrangement, and expenditure for construction of approach roads to attract investment for various projects across different industries. This will create more people to venture into India and do their investments.

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Implement the plan

idea posted by Deepak Agrawal Consultant, Independent Consultant

I don't think there is dearth of reforms. In the last five year plan and budget govt. has planned lot of reforms in different sectors like roads & highways, Power, education, housing etc.

But actual problem is that implementation of that plan. Take the example of roads & highways. Govt. has promised to build 20 km road per day for the next 5 year. I don't know whether they will achieve it or not. Yes our minister Mr. Kamal Nath is trying to get overseas fund and simultaneously tapping Indian market to generate required fund.

In order to get overseas investment we have to show them that we can plan and execute accordingly and on time just like Delhi Metro project.

I don't think there is paucity of fund in overseas market there are lot Japanese company/people who invest money in their own country with bare minimum return of 0.5%-3%. We can tap this kind investor to invest in our country by showing three great words of English honesty, integrity and punctuality.

 

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