'Delaying investment projects may hamper Make in India'
Investment announcements were being made, but ultimately investments were not happening at the ground level, says ASSOCHAM Source: PTI Investments have been facing long time delays mainly due to red tapism, which hurt the sentiment of investors and also incur huge loss to the investors Expressing concern over the delay in implementation of projects related to investments, Associated Chamber of Commerce and Industry (ASSOCHAM) said it could adversely impact the 'Make in India' programme launched by Prime Minister Narendra Modi. "The campaign launched with much fan-fare aimed to provide domestic and overseas investors with an environment that is conducive to manufacturing, but the delay in implementation of investment projects is denting the sentiment of the investors,” Secretary General D S ...
Prohibitive logistics costs, red tapism hurting Indias export competitiveness: ASSOCHAM
The Dollar Business Bureau | @TheDollarBiz The Associated Chambers of Commerce and Industry of India (ASSOCHAM) says that India need not wait for the trade facilitation agreement to improve its “under-performing” trade logistics and reduce red tapism -- two parameters that hurt the nation’s export competitiveness. A study conducted by ASSOCHAM, “Transports and Logistics in India”, reveals that India is poorly placed among Asian peers when it comes to exports. The shipping cost of export from India (about $1,200 per container) is almost double that from China (about $600 per container) and about three times that from Singapore (about $400 per container), it says. “A high level of logistics costs could affect India’s competitiveness, particularly for the products of ...
