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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 ³Realising 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:

2. Ramesh Sharma, Apr 2010, in his article ³Manufacturing 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

Energy is a critical area. .htm 3. what Indian industry really needs is a long-term policy to raise productivity. Technical collaborations have lost out. Source: Business Line Date:02/04/2010 URL: http://www. Comparing India¶s liberalisation experience with that of China and the East Asian µTiger¶ economies. At a time of rising fossil fuel prices. Besides. 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.thehindubusinessline. the report suggests the creation of a technology acquisition fund for them.thehindubusinessline.htm Aankhein Khulen To Jaag Uthi Hasratein !! Us Ko Kho Diya Jise Paya Tha Khawab Mein !! . thanks to the entry of wholly owned subsidiaries of foreign firms. Source: Business Line Date:02/10/2008 URL: http://www. Indian manufacturing has no choice than to raise its energy efficiency. it is Oct 2008.investment incentives. the cost of acquiring new technologies has gone beyond the reach of small and medium enterprises (SMEs) in particular. said in his article ³Strategy 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. it says that the lifting of barriers to FDI flows has not led to technology transfers because policy was not focused to this end. Citing the East Asian focus on SMEs as drivers of innovation. and business friendly approval mechanisms will be the cornerstones of this new initiative.