This refers to your edit Mittal's Frustrations (Et,Jan9,2010). The problems investors facing in India have been well brought out and solutions suggested therein .But the mindset and administrative hurdles continue to remain a major stumbling block as the reforms in vogue since 1991 in the economy have not touched the bureaucracy and the land management.
It is high time to have professionals with a pro active mindset to understand issues and arrive at solutions early to attract investments and facilitate fast economic progress. India has vast resources of land, labour and raw materials and entrepreneurs.the best and easy solution to attract huge investments in India and achieve the economic growth targetted at double digits is to have Land Bank both at central and state levels and make it avalable for investors.
Dr.T.V.Gopalakrishnan
(This appeared in ET dt,11/01/10)
Monday, January 11, 2010
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