8.7.08

UPA's Unfinished Reforms

Now with the Left Parties finally withdrawing support to the UPA Government,maybe there are a lot of reforms that can go back on track.Most of these reforms were stopped due to the opposition from the Red Monkeys.
Divestment of Government Equity in Public Sector Undertakings
Privatisation of State-run Companies
Liberal Labour policies for Corporate sector
Foreign Equity in Multi-brand Retailing
Higher Equity for Foreign companies in Single-brand Retailing
Higher Foreign Equity for Foreign Companies in Insurance sector
Development of a vibrant Corporate Bond Market
Easier norms for Foreign Banks to set up operations in India
Removal of 10 per cent cap on voting rights for investors in non-state banks
Relaxation of Land Ceiling for Foreign Realty developers
Easier entry norms for Credit Rating Agencies
Higher Foreign Equity in Asset Reconstruction Companies
Higher Equity for Foreign Firms in State-run Refining projects
Higher Foreign Equity in Newspapers and Current Affairs Periodicals
Permission for News and Current Affairs programming in FM radio
More liberal policies for Foreign Equity in Commodity Exchanges

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