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?

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?