Hi, i want to visit the stability in government policy bit. I am of the opinion that there is no stability. I have multiple examples for that - consistent change in tax policies, for example export tax for steel and the last year debacle on import ban on electronics. Another big example is when the government was pushing for farm laws that meant more free market. At the same time, they also banned exports on onions. Another issue I have with them, is that the bjp government is not free market capitalist but crony capitalist who want to build national champions.
Points taken, its true that decision making has seen many back & forth in terms of new acts and implementation which hurts business, the point in blog was a bit more focused on the long term perspective where the overall signaling has been towards continuation in structural reforms.
Hi, i want to visit the stability in government policy bit. I am of the opinion that there is no stability. I have multiple examples for that - consistent change in tax policies, for example export tax for steel and the last year debacle on import ban on electronics. Another big example is when the government was pushing for farm laws that meant more free market. At the same time, they also banned exports on onions. Another issue I have with them, is that the bjp government is not free market capitalist but crony capitalist who want to build national champions.
Points taken, its true that decision making has seen many back & forth in terms of new acts and implementation which hurts business, the point in blog was a bit more focused on the long term perspective where the overall signaling has been towards continuation in structural reforms.