4. All the fuel subsidies should be borne
national exchequer and the failure of
by
authorities in creating an ecosystem for
central
government
instead
of
Upstream and downstream firms.
Electronics production, fabrication and
3. Invasion of Chinese PC’s, Tablets and
setting up of assembling facilities.
Smartphones
Government needs to bring National Electronics
According to official communiqué by
Manufacturing
policy,
outlining faster clearances, progressive
central government, if the present trend
tax regime, Tax breaks and proper skill
continues in the coming years, India is set
set. This won’t happen in next couple of
to Import $400 billion of Electronics good
years but it is the long term imperative.
by 2020. This represents serious drain on
B. Exports 1. Creation of the ecosystem: The Larger Picture.
penetration
Breaking the slide of the rupee by
corridors, Inland Waterways etc. Soft
increasing export is the part of the larger
Infrastructure in the form of simpler and
Indian Reform agenda. Keep granting
investor friendly labor laws, Goods and
them various sops, tax break or even
Services tax, Viable Land acquisition laws,
creamier bank deals, exporters won’t be
Judicial infrastructure for swift redressal
able to push up the number until and
of
unless operational efficiencies are not
policies, Opening and Increasing the FDI
enhanced.
limit in various sectors, creating quality
There is a vital need to create a world
level education system at various levels,
class infrastructure (Hard and Soft) which
cutting red-tapism and faster approvals.
country,
of
airstrips
Dedicated
disputes,
Stable
across
railway
and
the
freight
predictable
will bring down the processing time along 2. Hi-tech: US, Luxury: France, Cars: Germany, Electronics: Korea, India:
with the quicker shipments and lower, competitive costs. Hard Infrastructure in
For around 40 years since India got
the form of Expressways, Port terminals,
independence, it was the stated objective
Power plants supplying 24*7 reliable power,
Increased
capacity
of the state to become self-sufficient and
and
world class in each and every of the 7