But still the rulers will pat their back see we attracted three companies
This is because of unpredictable ever changing policies of Indian government.
If you get rid of al these third rate and corrupt politicians, yes people will invest in India.
Main culprit is LTCG tax .... bright by dead Jaitley ....which is making Indian economy dead.... who would invest if they know government will take it away?
If we tax agricultural income of rich people beyond a thresh hold & spend half of the money towards training people for identified skills, India can become a hub for manufacture very soon. Taxing agri income can also curb laundering & redirect monies for productive use. What is right now idling & waiting to be used only for shady deals can come out as investments for promoting the much needed industries. Apart from this, land acquisition bill should be brought back, making it easier for industries to be set up. Land owning farmers constitute less than 5% of total farmers with the rest only earning wages from those rich landlords. Therefore, 95% of farmers would be happy to see industries sprouting & their children getting job opportunities there as against opposition by a few rich landlords. If Govt works smartly on labor laws as well in such a way that both industrialists as well as workers aren''t bottle necked in their cooperation, India can zoom past China in quick time. High time India used its demography & infrastructure intelligently.
We are no less. We have our Mother cows and Cousin Monkeys. Who needs foreign investments! We are self sufficient, soon we shall migrate to jungles of our holy land.
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