Doing Business in India
Doing business in India may be getting easier in the not too distant future. An article in the Business Standard talks about a proposed law that aims to speed up the enforcement of contracts (Hat tip: Dahlia Khalifa). And what prompted this interest in a new law? You guessed it:
The Centre had taken notice of the World Bank’s Doing Business Report 2007, which said that it takes as many as 1,420 days in India to implement a financial contract. The report had given India an overall ranking of 177 in the report, a rank that remained unchanged in 2008.
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It good to see that India is now becoming more open to do busine
It good to see that India is now becoming more open to do business........in the past there were too many restrictions.
Chinese politician = Control + Certainty ! But Indian Poli
Chinese politician = Control + Certainty !
But
Indian Politics= Coalition Government + Corrupt Police + Corrupt Judiciary + High Crime and long lines !
And yes, they KNOW , India is the largest democracy .. don't they know THAT much?
SO, in summary:
1. It's a perception issue and a positioning problem. Yes
2. But window dressing and repackaging (necessary but not sufficient) wont make the cut. Some radical measures must be taken to play CATCH up.
Doing business in India is now becoming easy and the rest of the
Doing business in India is now becoming easy and the rest of the world should pursue this opportunity.
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