Page 12 - CII-ARTHA
P. 12

ARTHA




         The Way Forward                                         In a world where uncertainty is the
                                                                 baseline, credibility is the rarest
                                                                 currency. India has been earning it.
         India’s international investment agenda is at an inflection
         point. The country has earned a stronger reputation as a   The task now is to institutionalise it
         destination for global capital. The next step is to
         compound that credibility - making the investment system
         more repeatable across states and sectors, converting a
         higher share of inflows into real assets and capabilities,
         and maintaining stability through cycles including orderly
         exits and reinvestment.



         A modern Indian approach should be judged by three
         outcomes:


                     A better mix of long-duration,
                         productive capital




                            Quality






                    Continuity    Conversion




               Stability and      A higher share of
               predictability    inflows becoming
               through cycles          real assets




         Reducing friction - in taxes, compliance, approvals, and
         dispute resolution - is not a separate agenda. It is the
         foundation on which all three outcomes rest.




























                                                          *********

         12
   7   8   9   10   11   12   13   14   15   16   17