@magicbricks
The best package offered by you is titanium. Rest all no use because your sales team like many other company team is purely cheater. Always provides half information and then hide from answers.
@SidNayak7 Dedence budget +20% thats what china wants. Expenditure on defence rather than other engines of growth.
But govt played it well mfg in india of defence items.
@DFitpreneur This one is part of suryanamaskar. But has to be done very slowly not the way shown in video. Otherwise you will increase your problem than decrease. For me it happened.
Yeh jo har koi individual person pms, aif and advisory services ki dukan kholke baitha hai, inka bhi M&A and consolidation bahut jaruri hai otherwise return dikhane ke chakkar mein bahot scam karenge companies ke saath setting karke.
Manish Sabharwal's razor-sharp takes on India's economic roadblocks are no secret—he's been hammering home these truths for years. But in this fresh chat on The India Story Podcast, he truly breaks it down, layer by layer, the core issues strangling our economic growth and step-by-step playbook to unleash our potential.
As a entrepreneur and Investor, I strongly feel for this cause and I wish there is a lot more voiced raised by people to convert in political will & action.
WHAT can enable us to meaningfully accelerate growth and press the accelerator. And the answer lies in the need to clear the "regulatory cholesterol" clogging the arteries, especially for Indian entrepreneurs. Picture this: For Indian entrepreneurs, there is a universe of 69,000 compliances, 6,600 compliance filings, and a mind-boggling 26,000 criminal provisions that can jail you for absurdities like missing a canteen meeting or not painting a bathroom on time. 😤 Full compliance is basically impossible turning red tape into a petty low level corruption breeding ground. But here's the kicker: most of these rules are just outdated nonsense that don't make any sense anymore. And even if some guardrails are needed, 26,000 ways to criminalize everyday business? That's not protection to soceity; that's paralysis for entrepreneurship.
India has EVERYTHING to potentially succeed and hit 8-9% sustained decadal growth. A youth of 90 crore Indians under age 35, enough land and unbelievable access to capital, a huge domestic market and established leadership in some sectors. For exmaple: India is exporting more software than Saudi Arabia's export oil. We are exporting half of America's generics needs ... all of this only on a per capita of just $2,500!
What is the bottleneck then? CLEARLY, "Regulatory Cholesterol" holding back our labor, land, and capital from working efficiently together.
Manish Sabharwal ji's three-pronged fix is executable, but it demands political will:
1️⃣ Decriminalization: Axe 90% of these 26,000 ways to go to jail for an entrepreneur for silly things... Make it a 8-10 principle-based approach and limit the criminal provisions to maybe 500-1000 provisions. This is the easiest and is like a "flick of a pen reform".
2️⃣ Deregulation: Access to all laws, acts, subsequent notifications, & FAQ should be always updated at a single location. Streamline this, and then deregulate massively. Unlease the energy and poductivity of the youth of India.
3️⃣ Digitization: Go fully paperless, presenceless, cashless for employers and regulators filings and compliance management through one national grid. However, Manish ji warns of the human hurdle: 2-3 crore civil servants, especially in lower ranks, who'll fight tooth and nail against this. Why? It erodes their rent-seeking power and diminishes their gatekeeper status in the system—they'll manufacture roadblocks to cling to relevance.
Tag a policymaker or a fellow entrepreneur 🇮🇳 #IndiaEconomy #RegulatoryReform #Entrepreneurship #ManishSabharwal @narendramodi@nsitharaman@AmitShah@PiyushGoyal@nitin_gadkari@CimGOI
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