Change India: A Twitter debate on FDI, labour laws and taxes

As a part of the Change India initiative,Firstpost conducted a Twitter debate on the country’s future investment agenda with Dhiraj Nayyar,CEO, Think India Foundation and editor-at-large,Firstpost, Shankkar Aiyar, journalist-analyst and author of ‘Accidental India’,and Bibek Debroy, economist and professor at the Centre for Policy Research.

[caption id=“attachment_1272455” align=“alignleft” width=“380”]  Representational Image. Reuters[/caption]

Network 18’s ThinkIndia Dialogue is to influence public policy through public speaking engagements, events and regular interactions with policy-makers, business and social thinkers, using partnerships with multiple media.

Here’s what Dhiraj Nayyar, Bibek Debroy and Shankkar Aiyar had to say to Firstpost’s questions on investment:

1)Should we really revisit PPP considering it lends itself to crony capitalism?

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2) What’s the best way to structure FDI caps? Are we ready to remove them entirely?

3) How can we set a GST rate that will also win over state and local officials?

4) Why privatize PSUs - will privatisation necessarily increase productivity?

5) Do you think reducing the fiscal and revenue deficit by 0.5 percent/year is an achievable target?

6)How best to reform labour laws? Is it a good idea to emulate the Chinese example considering human rights concerns?