5. The Indian banking system must make strides towards greater transparency so as to provide an efficient system that is so essential for economic growth.
A global business searching for growth will need to have significant market presence in India. We would advise patience and a differentiated strategy for success.
Tapping into Japanese investors provides infrastructure businesses in India with an opportunity to access a large pool of capital.
PSBs should reduce their exposure to the infrastructure sector -- if not completely avoid the sector.
The trade-off between lower costs and delivering the targeted wind energy capacity needs urgent attention.
In the budget of 2018 FM Arun Jaitley must address two issues – non-tax revenues from land bank monetisation and full tax-exemption for income from debt instruments.
Besides the fiscal stimulus and concessions, what the economy really needs for long-term growth is a more liquid and deep corporate bond market.