September 21, 2016

Rajeev Chandrasekhar

Strengthen independent regulatory institutions- This is an important signalling requirement for investors that seek to invest in projects that will have life spans across various government terms. Investors want policy making and regulatory action that is consistent and sound across infrastructure, technology and 'Make in India' - as we seek out FDI, FDI looks for clean, clear regulation and policy making. Therefore, rebuilding and/or enhancing the capacities of our independent regulators will be a powerful beacon to investors. To get global investors, we need regulatory institutions that meet global standards. This requires deep changes, ranging from better oversight and financial independence, to clarity of roles and separation from administrative ministries.