FOREIGN DIRECT INVESTMENT
Go all out for FDI; keep policy transparent
Clearly demarcated areas with automatic clearance, ban on periodic policy tinkering, and political stability ill ensure steady flow
BUT politics and industry lobbies prevent fast decisions
INFRASTRUCTURE
Top priority focus on all segments. Woo Indian private sector without waiting for foreign funding
Sorting out the regulatory issues and details and allowing a level-playing field for all players will ensure investment flow.
BUT "you-first" attitude plagues private industry. Some government spending must to lure other players
INDUSTRY AND EXPORTS
Decide quickly on excise and input taxes, peak import duty, VAT, labour policy
Infrastructure boost and stimulated demand will take care of revival
BUT money remains tight, will to invest subject to political instability
CAPITAL AND MONEY MAKERS
Allow more freedom for banks and private entry into insurance
Stock markets will revive once industry and infrastructure get into second gear
BUT players are waiting for incentives to make idle funds mobile
SOCIAL SECTORS
Full throttle on education, direct attack on poverty
User charges in commercial public sector will generate money
BUT expenditure control at government level a near impossibility
