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Huge opportunity for foreign investment in India: Chidambaram


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Anurodh Dayal
Foreign investment
by Anurodh Dayal on Oct 14, 2013 11:14 AM

Looking the rate of corruption and cycling of file for approval. For one approval the file moves at least 30-40 people. It take at least 30-45 days. For every step there is corruption. Now the situation is for 10o million investment you pay same amount as bribe. Do you think any body including Indian investor is gong to invest.
Second look the power situation. With 2-4 hrs power cot in the winter and and 6-8 hrs power cut in the summer are you attracting the investor. Investor will come with the condition we have to improve the infrastructure like power, road and rail.
Reduce the corruption and try to make one window clearance system. It is the present policy of the govt. that investor are not interested in investing in India.Provide at least 24x7 power and reduce the corruption.
Anurodh

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prosperousindia
Mr Chidu all talk and no work
by prosperousindia on Oct 13, 2013 12:13 PM

Mr Chidu all talk and no work will not help.

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