Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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                            <p align="justify"><font >India needs to strengthen and liberalise its regulatory framework and invest more in infrastructure in order to attract increased foreign direct investment (FDI), according to a new OECD report.</font></p><p align="justify"><font >The OECD&rsquo;s&nbsp;</font><a href="http://www.oecd.org/document/50/0,3343,en_2649_34893_44153906_1_1_1_1,00.html" target="_blank" title="http://www.oecd.org/document/50/0,3343,en_2649_34893_44153906_1_1_1_1,00.html" target="_blank">Investment Policy Review of India</a><font > says India has designed policies to encourage investment as part of market-oriented reforms since 1991 that have paved the way for improved prosperity.<br /><br />&ldquo;Restrictions on large-scale investment have been greatly relaxed. Many sectors formerly reserved to the public sector have been opened up to private enterprise. Import substitution and protectionism have been replaced by an open trade regime,&rdquo; the OECD report notes.</font></p><p align="justify"><font >But further reforms are needed. India&rsquo;s policy framework for FDI still remains restrictive compared with most OECD countries. Meanwhile, its investment needs remain massive, with poor infrastructure holding back improvements in both living conditions and productivity.</font></p><p align="justify"><font >Launching the report with India&rsquo;s Minister of Commerce and Industry, Anand Sharma, in New Delhi, OECD Secretary-General Angel Gurr&iacute;a praised the progress achieved so far.</font></p><p align="justify"><font >&ldquo;India&rsquo;s FDI performance and progress in the past year has been particularly strong, even in a very tough global environment,&rdquo; he said. &ldquo;This is a vote of confidence in India.&rdquo;</font></p><p align="justify"><font >But more needs to be done so that all of India benefits from needed investments. &ldquo;One of the major challenges facing India is to take advantage of economic growth to reduce the gap between rich and poor,&rdquo; Mr. Gurr&iacute;a said. &ldquo;While national economic growth has been impressive, the gap between the richer and poorer Indian states has widened. This trend needs to be reversed through measures at both the national and state level.&rdquo; (Read the <a href="http://www.oecd.org/document/39/0,3343,en_2649_34487_44197351_1_1_1_1,00.html" title="http://www.oecd.org/document/39/0,3343,en_2649_34487_44197351_1_1_1_1,00.html">speech in full</a>)</font></p><p align="justify"><font >The Investment Policy Review of India lists a series of recommendations to achieve these objectives. Among other things, it recommends:</font></p><p align="justify"><font >&bull; further relaxing restrictions on inward FDI in sectors such as banking, insurance and retail trade<br />&bull; regularly reviewing remaining FDI restrictions in other areas to ensure that their costs do not outweigh their expected benefits.<br />&bull; developing a system of comparable FDI statistics for States and Union Territories as a basis for cross-State monitoring of FDI performance.<br />&bull; strengthening corporate transparency and responsibility to align India more closely with internationally-recognised standards and practices.</font></p><p align="justify"><font ></font></p>                                                           
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    <br><a href="http://www.oecd.org/document/31/0,3343,en_2649_34487_44177695_1_1_1_1,00.html" class="re" target="_blank">OECD, 4 December, 2009, http://www.oecd.org/document/31/0,3343,en_2649_34487_44177695_1_1_1_1,00.html</a><div class="clear"></div>
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    <h1 class="cat-box-title">India needs to cut red tape, spend more on infrastructure in order to boost growth</h1>
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                            <p align="justify"><font >India needs to strengthen and liberalise its regulatory framework and invest more in infrastructure in order to attract increased foreign direct investment (FDI), according to a new OECD report.</font></p><p align="justify"><font >The OECD&rsquo;s&nbsp;</font><a href="http://www.oecd.org/document/50/0,3343,en_2649_34893_44153906_1_1_1_1,00.html" target="_blank" title="http://www.oecd.org/document/50/0,3343,en_2649_34893_44153906_1_1_1_1,00.html" target="_blank">Investment Policy Review of India</a><font > says India has designed policies to encourage investment as part of market-oriented reforms since 1991 that have paved the way for improved prosperity.<br /><br />&ldquo;Restrictions on large-scale investment have been greatly relaxed. Many sectors formerly reserved to the public sector have been opened up to private enterprise. Import substitution and protectionism have been replaced by an open trade regime,&rdquo; the OECD report notes.</font></p><p align="justify"><font >But further reforms are needed. India&rsquo;s policy framework for FDI still remains restrictive compared with most OECD countries. Meanwhile, its investment needs remain massive, with poor infrastructure holding back improvements in both living conditions and productivity.</font></p><p align="justify"><font >Launching the report with India&rsquo;s Minister of Commerce and Industry, Anand Sharma, in New Delhi, OECD Secretary-General Angel Gurr&iacute;a praised the progress achieved so far.</font></p><p align="justify"><font >&ldquo;India&rsquo;s FDI performance and progress in the past year has been particularly strong, even in a very tough global environment,&rdquo; he said. &ldquo;This is a vote of confidence in India.&rdquo;</font></p><p align="justify"><font >But more needs to be done so that all of India benefits from needed investments. &ldquo;One of the major challenges facing India is to take advantage of economic growth to reduce the gap between rich and poor,&rdquo; Mr. Gurr&iacute;a said. &ldquo;While national economic growth has been impressive, the gap between the richer and poorer Indian states has widened. This trend needs to be reversed through measures at both the national and state level.&rdquo; (Read the <a href="http://www.oecd.org/document/39/0,3343,en_2649_34487_44197351_1_1_1_1,00.html" title="http://www.oecd.org/document/39/0,3343,en_2649_34487_44197351_1_1_1_1,00.html">speech in full</a>)</font></p><p align="justify"><font >The Investment Policy Review of India lists a series of recommendations to achieve these objectives. Among other things, it recommends:</font></p><p align="justify"><font >&bull; further relaxing restrictions on inward FDI in sectors such as banking, insurance and retail trade<br />&bull; regularly reviewing remaining FDI restrictions in other areas to ensure that their costs do not outweigh their expected benefits.<br />&bull; developing a system of comparable FDI statistics for States and Union Territories as a basis for cross-State monitoring of FDI performance.<br />&bull; strengthening corporate transparency and responsibility to align India more closely with internationally-recognised standards and practices.</font></p><p align="justify"><font ></font></p>                                                           
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    <br><a href="http://www.oecd.org/document/31/0,3343,en_2649_34487_44177695_1_1_1_1,00.html" class="re" target="_blank">OECD, 4 December, 2009, http://www.oecd.org/document/31/0,3343,en_2649_34487_44177695_1_1_1_1,00.html</a><div class="clear"></div>
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    <h1 class="cat-box-title">India needs to cut red tape, spend more on infrastructure in order to boost growth</h1>
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                            <p align="justify"><font >India needs to strengthen and liberalise its regulatory framework and invest more in infrastructure in order to attract increased foreign direct investment (FDI), according to a new OECD report.</font></p><p align="justify"><font >The OECD&rsquo;s&nbsp;</font><a href="http://www.oecd.org/document/50/0,3343,en_2649_34893_44153906_1_1_1_1,00.html" target="_blank" title="http://www.oecd.org/document/50/0,3343,en_2649_34893_44153906_1_1_1_1,00.html" target="_blank">Investment Policy Review of India</a><font > says India has designed policies to encourage investment as part of market-oriented reforms since 1991 that have paved the way for improved prosperity.<br /><br />&ldquo;Restrictions on large-scale investment have been greatly relaxed. Many sectors formerly reserved to the public sector have been opened up to private enterprise. Import substitution and protectionism have been replaced by an open trade regime,&rdquo; the OECD report notes.</font></p><p align="justify"><font >But further reforms are needed. India&rsquo;s policy framework for FDI still remains restrictive compared with most OECD countries. Meanwhile, its investment needs remain massive, with poor infrastructure holding back improvements in both living conditions and productivity.</font></p><p align="justify"><font >Launching the report with India&rsquo;s Minister of Commerce and Industry, Anand Sharma, in New Delhi, OECD Secretary-General Angel Gurr&iacute;a praised the progress achieved so far.</font></p><p align="justify"><font >&ldquo;India&rsquo;s FDI performance and progress in the past year has been particularly strong, even in a very tough global environment,&rdquo; he said. &ldquo;This is a vote of confidence in India.&rdquo;</font></p><p align="justify"><font >But more needs to be done so that all of India benefits from needed investments. &ldquo;One of the major challenges facing India is to take advantage of economic growth to reduce the gap between rich and poor,&rdquo; Mr. Gurr&iacute;a said. &ldquo;While national economic growth has been impressive, the gap between the richer and poorer Indian states has widened. This trend needs to be reversed through measures at both the national and state level.&rdquo; (Read the <a href="http://www.oecd.org/document/39/0,3343,en_2649_34487_44197351_1_1_1_1,00.html" title="http://www.oecd.org/document/39/0,3343,en_2649_34487_44197351_1_1_1_1,00.html">speech in full</a>)</font></p><p align="justify"><font >The Investment Policy Review of India lists a series of recommendations to achieve these objectives. Among other things, it recommends:</font></p><p align="justify"><font >&bull; further relaxing restrictions on inward FDI in sectors such as banking, insurance and retail trade<br />&bull; regularly reviewing remaining FDI restrictions in other areas to ensure that their costs do not outweigh their expected benefits.<br />&bull; developing a system of comparable FDI statistics for States and Union Territories as a basis for cross-State monitoring of FDI performance.<br />&bull; strengthening corporate transparency and responsibility to align India more closely with internationally-recognised standards and practices.</font></p><p align="justify"><font ></font></p>                                                           
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    <br><a href="http://www.oecd.org/document/31/0,3343,en_2649_34487_44177695_1_1_1_1,00.html" class="re" target="_blank">OECD, 4 December, 2009, http://www.oecd.org/document/31/0,3343,en_2649_34487_44177695_1_1_1_1,00.html</a><div class="clear"></div>
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Home हिन्दी

India needs to cut red tape, spend more on infrastructure in order to boost growth

Published on Dec 5, 2009   Modified on Dec 5, 2009

India needs to strengthen and liberalise its regulatory framework and invest more in infrastructure in order to attract increased foreign direct investment (FDI), according to a new OECD report. The OECD’s Investment Policy Review of India says India has designed policies to encourage investment as part of market-oriented reforms since 1991 that have paved the way for improved prosperity. “Restrictions on large-scale investment have been greatly relaxed. Many sectors formerly reserved to the public sector have been opened up to private enterprise. Import substitution and protectionism have been replaced by an open trade regime,” the OECD report notes. But further reforms are needed. India’s policy framework for FDI still remains restrictive compared with most OECD countries. Meanwhile, its investment needs remain massive, with poor infrastructure holding back improvements in both living conditions and productivity. Launching the report with India’s Minister of Commerce and Industry, Anand Sharma, in New Delhi, OECD Secretary-General Angel Gurría praised the progress achieved so far. “India’s FDI performance and progress in the past year has been particularly strong, even in a very tough global environment,” he said. “This is a vote of confidence in India.” But more needs to be done so that all of India benefits from needed investments. “One of the major challenges facing India is to take advantage of economic growth to reduce the gap between rich and poor,” Mr. Gurría said. “While national economic growth has been impressive, the gap between the richer and poorer Indian states has widened. This trend needs to be reversed through measures at both the national and state level.” (Read the speech in full) The Investment Policy Review of India lists a series of recommendations to achieve these objectives. Among other things, it recommends: • further relaxing restrictions on inward FDI in sectors such as banking, insurance and retail trade • regularly reviewing remaining FDI restrictions in other areas to ensure that their costs do not outweigh their expected benefits. • developing a system of comparable FDI statistics for States and Union Territories as a basis for cross-State monitoring of FDI performance. • strengthening corporate transparency and responsibility to align India more closely with internationally-recognised standards and practices.

OECD, 4 December, 2009, http://www.oecd.org/document/31/0,3343,en_2649_34487_44177695_1_1_1_1,00.html

 

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