Top Highlights

• It has taken a number of bold decisions, including more reliance of private investment in infrastructure and bringing foreign direct investment in many sectors.
• The turnaround would be possible if the government remains committed to improving the manufacturing sector, where the private sector would be the principal mover with improved efficiency in the face of increased competition.
• India today has 10 out of 30 fastest growing cities in the world. This
• Large investments are required in infrastructure. These cannot be drawn from public finances alone and there is a specific role for private investment that was for long missing. In order to attract private capital as well as the techno-managerial efficiency associated with it, the GoI has decided to accelerate promotion to Public Private Partnershi...
• The law replaces the Land Acquisition Act of 1894 by establishing rules for compensation as well as resettlement and rehabilitation. The most important feature of the Act is that while in case of private projects the developers will need the consent of up to 80 per cent of people whose land is acquired, consent of only 70 per cent of the landowners...