Make it in India appeal by PM Modi

“Make in India” the expressive appeal by PM Modi to outside and inside investors will not yield immediate effect on the outflow and inflow of industrial investments  unless the concerns raised related to land, laws and labour are addressed  immediately. The  previous congress led government was constantly accused  for policy paralysis and the resulting dismal performance of the manufacturing sector. At least they had an excuse because they were in a democratic mess  due to the non cooperation of the main opposition and coalition partners in every single step towards reforms. But Modi’s government with astounding majority to rule this nation  has no such impediments. Hence what the nation expects from this government is less of rhetoric and more of action  towards accelerating  industrial progress by reviving investor’s confidence . Is it not true that ,the foreign investors  are thoroughly  disappointed with the absence of clear policy statement for future regarding retrospective tax concerns?

s on smrithi's blunder

Is Smrithi Irani,, the HRD  minister of  the BJP government  really  unaware of the difference between the Yale University Degree and the participation certificate issued by it for a short duration leadership programme in which few other MPs also participated?  It is highly amusing and at the same time very distressing to know the caliber and the knowledge level of   a minister who is made  in charge of our  education system in particular  and the policies and programmes concerning the  Human Resource Development in general . Currently we are also aiming for the entry  of foreign universities in the Indian higher education scenario and engaged in many reforms in the education system. therefore, there is nothing wrong if the Indian voters expect  PM, Modi to exercise prudence in choosing  the right persons for  very important ministries like HRD ministry  at a time when the Indian higher education system is facing multiple and very complex issues.  

India's request for amendments in TFA

There is nothing wrong in India’s demand for, “permanent peace clause until a final  understanding on subsidy is reached” because, India’s  concern about the  financial  burden on the government  and plight of the poor if the present agreement is signed in it’s present form  is genuine . More over, India’s  badly designed grain procurement and distribution programme  is no reason to agree to the use of an outdated benchmark price to calculate the nation’s food subsidy. India can perfect the procurement system in course of time .It is true that,  it is a tough task  to convince 160 member countries of WTO about  the amendments India wants in  TFA , since it would involve drastic changes   in the WTO procedures and parliamentary approvals in the WTO  nations . But , it is also true that  India’s insistence   upon change in the method of calculating the legally permissible subsidy. It cannot be based on prices that prevailed in 1986-88. When India stand isolated in this matter , PM  Modi can make use of his visit to USA  to convince president Obama about the compelling reasons for seeking   amendments  in TFA .If  he succeeds in that attempt, half the struggle in convincing WTO members is won.