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jinko hum zindagi samjh kar kabhi b khona nahien chahtey

Apne Hi Hotay Hain Jo Dil Pe Waar Karte Hain"MERI JAN" Gairon Ko Kya Khabar Dil Kis Baat Pe Dukhta
Hai........."

1. Pravakar Sahoo, Sep 2010, in his article “Realising India's FDI potential” said that it
is the time for India to realise its potential as a top destination for FDI. Forbes puts India
at 77 th place ahead of China (90) in its latest list of best countries for business in 2010. It
is not surprising that India has not only survived the global financial crisis, but also
revived its growth rate, which has been close to 9 per cent in the recent quarters.
However, India receives lower FDI compared with other developing countries such as
China, Brazil and Singapore. As WIR 2010 reports, India received $34 billion in 2009,
against China's $95 billion. During the period 1990 to 2009, India received only 17 per
cent ($167 billion) of the total FDI inflows into China, amounting to $977 billion, a
figure close to India's GDP.

According to Pravakar Sahoo the important factors that impede FDI flows in India are
lack of infrastructure, restrictive labour laws, absence of Centre-state co-ordination,
dormant SEZ policy and lack of institutional reforms. A major obstacle to infrastructure
development is cost and time overruns due to contractual and institutional failures. This is
largely due to lack of co-ordination among central and state government departments on
land acquisition and environmental clearances. For the resolvation of such problems he
told the solution that it is time to revisit land acquisition methods and laws and develop a
more decentralized process to tackle issues such as compensation, rehabilitation and
resettlement. Further, a proper dispute resolution mechanism, an independent regulatory
authority and an acceptable cost-recovery based pricing in the infrastructure sector is
needed.

Source: Business Line

Date:23/09/2010 URL:
http://www.thehindubusinessline.com/2010/09/23/stories/2010092350950800.htm

2. Ramesh Sharma, Apr 2010, in his article “Manufacturing zones will lead to tech
development” said that to increase the share of manufacturing in GDP the proposed
national manufacturing and investment zones will lead to infrastructure and technology
development in the country. He expressed hope that India would become a factory of the
world, for new technologies.

The Commerce and Industry Ministry recently floated a discussion paper on national
manufacturing policy which talks of creating National Manufacturing and Investment
Zones (NMIZs) to push the manufacturing share in GDP. Strong infrastructure, a
progressive exit policy, structures to support clean and green technologies, appropriate
investment incentives, and business friendly approval mechanisms will be the
cornerstones of this new initiative, it is proposed.

Source: Business Line

Date:02/04/2010 URL:
http://www.thehindubusinessline.com/2010/04/02/stories/2010040253880700.htm

3. , Oct 2008, said in his article “Strategy for manufacturing” that


according to a recent report by the Prime Minister’s Group on the manufacturing sector
has called for a review of the country’s FDI (foreign direct investment) policy as part of a
package of measures to lift the trend rate of industrial growth from the post-reforms level
of 7 per cent per annum to about 12 per cent. Comparing India’s liberalisation experience
with that of China and the East Asian ‘Tiger’ economies, it says that the lifting of barriers
to FDI flows has not led to technology transfers because policy was not focused to this
end. Technical collaborations have lost out, thanks to the entry of wholly owned
subsidiaries of foreign firms. Besides, the cost of acquiring new technologies has gone
beyond the reach of small and medium enterprises (SMEs) in particular. Citing the East
Asian focus on SMEs as drivers of innovation, the report suggests the creation of a
technology acquisition fund for them.

Energy is a critical area. At a time of rising fossil fuel prices, Indian manufacturing has
no choice than to raise its energy efficiency. While the report rightly calls for a further
reduction of indirect tax rates to reduce the gap between the prices of Indian and Chinese
goods, what Indian industry really needs is a long-term policy to raise productivity.

Source: Business Line

Date:02/10/2008 URL:
http://www.thehindubusinessline.com/2008/10/02/stories/2008100250240800.htm

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