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Govt should come up with simpler policies for receiving FDI in India : BIPP report

Hyderabad, Nov 24 (UNI) Bharti Institute of Public Policy (BIPP), an integral part of Indian School of Business (ISB) in its new report released on Wednesday said that the government should come up with simpler policies on broad norms for foreign companies or for receiving Foreign Direct Investments (FDI) in India, and not micro-manage the e-commerce business on various aspects.
The report, which is a part of a one year-research study on online retail, was commissioned by Empower India, which analyses the scope and challenges of e-commerce industry in India and put across significant policy changes for the sector’s growth and development.
The policies governing FDIs in the country have been complex, overlapping and have many endpoints in terms of involvement of several ministries and government bodies, which make it difficult for various entities to operate and prosper, it said.
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