Ya'll Nibbiars
These would be the basic changes.
1 . More adaptive policies.
2 . Change in the fuel policies.
3 . Improve in the Rail funding.
4 . Aggressive adoptions of the Global accounting standards.
5 . The bad bank project is going slow need to fast track it.
6 . Fast track of the public sectors.
7 . Needs changes in SEBI to secure the investors confidences.
8 . Major reforms in the RBI.
9 . The Prolonged regulatory failures need to be addressed.
10 . The banking reform are must and specially the public sectors.
11 . The fleecing of the floating rate borrowers need to be addressed.
12 . The ease of doing business beyond the quick fixes.
13 . Needs a powerful SEBI Chief.
14 . The public sector banking. Accuracy and Transparency Firsts.
15 . The ALGOS needs to be regulateds.
16 . The IRADI Reforms.
17 . The real estate bankruptcy needs to be resolveds.
18 . The tax online issues need to be addresseds.
1) explain what do mean by "adaptive policies" and what more do you want of it
2)you mean cess and surcharge reduction from the central government end? "Fuel policy" is a very broad term
3) Every department needs improved funding. If rail's share is to be increased then whose budget should face a slash?
4) accounting standards for who? The banks? Or the departments? Banks accounting standards are maintained by RBI and that of public departments by Controller General of Accounts- both operate with relative independence from FinMin
5) agreed
6) what does "fast track of public sectors" even mean?
7) what changes in SEBI? Which element of investors' confidence is missing?
8) agreed
9) where did India have "regulatory failure" in financial sector?
10) agreed
11) to address the borrowing rate issue, a floating rate linkage was mandated- what else you suggest? Anyway, that's a RBI mandate, FinMin can't directly intervene in borrowing rate decisions
12)ease of doing business is a bigger thing that needs intervention from multiple departments and the whole of the federal structure- central, state and local body. What is your ask from the FinMin in particular?
13) powerful manjhe? Jayakant Shikre type powerful?
14) public sector banking you covered above already
15) ALGOs are already regulated to a certain extent. What more changes you want? And what do other major stock exchanges practice in order to safeguard retail investors' interests from Algo?
16)IRDAI*- what reforms you want?
17) RBI had opened special liquidity window for NBFCs and SCBs(with co lending model) to ensure sector specific lending that included real estate. What else needs to be done?
18) agreed. More than issue resolution they should avoid changing formats every second month, the whole accounting software needs change and that's a pain for small businesses