Growth Story

FDIs (foreign direct investments)have grown as per the expectation. Liberalisation in ceiling-caps in sectoral investments too has been ensured. Subsidies have been properly estimated in terms of requirements in different fields of economic and social activities and accordingly regulated for delivery mechanism through Aadhaar cards. GST has been attempted and implemented with Herculean efforts. 

But ease of doing business is still a far cry in the scheme of things obtaining at the moment in the country. As a former civil servant who had closely watched and participated in the delivery mechanism at the state level and the levels below than that I can vouchsafe for the fact that things are still not smooth and satisfactory for the people to get anything from the state authorities. There is a lot of leakage of revenue and expenditure during implementation of schemes and projects by the government machinery. 

Ease of doing business is as tough or tortuous in Indian states as one could imagine. This experience of mine is being duly endorsed by an expert called Richard Rossow,  a senior fellow in U.S. India Policy Studies Centre for Strategic International Studies (CSIS) (Times of India, September 7, 2016).

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