India's Investment Climate : Voices of Indian Business
This book identifies key investment climate bottlenecks that slow down growth and poverty reduction. Based on face-to-face surveys of owners and managers of firms, combined with extensive dataset analysis, backed by secondary sources, the study ana...
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| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2009/01/10098330/indias-investment-climate-voices-indian-business http://hdl.handle.net/10986/6302 |
| Summary: | This book identifies key investment
climate bottlenecks that slow down growth and poverty
reduction. Based on face-to-face surveys of owners and
managers of firms, combined with extensive dataset analysis,
backed by secondary sources, the study analyses the critical
factors that influence day-to-day decisions by firms on how
to invest. As a result, it identifies growth-enabling
reforms that cover macroeconomic policies, governance,
institutions, and infrastructure. To get an understanding of
investment climate constraints for the entire economy, the
book focuses on four key sectors. The manufacturing sector,
both organized and unorganized, is important in that it not
only contributes a significant share of the overall gross
domestic product (GDP), but it is also critical for
employment generation and to the growth of the
'lagging' states. Similarly, the retail sector is
an important part of the overall economy in its contribution
to GDP and to employment. Finally, the information and
communication technologies (ICT) sector, though a small part
of GDP, has been leading India's services success story
and serves as a good example from which the authors may
learn. The book presents illustrative case studies of the
key constraints identified, and the efforts to address them,
along with policy recommendations. Furthermore, the book
identifies a number of issues that require further analysis;
in those instances the book should be viewed as a first step
to bringing the issues into the forefront. The World Bank
Group stands ready to work with the government, private
sector, and other stakeholders in taking forward this work
to help generate real impact on the ground. |
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