Sunday, October 21, 2012

Arthneeti September 2012 issue

Dear Readers,
In recent times we have seen many regulatory issues coming up in our country. Many regulatory decisions such as 2G allocation, coal blocks allocation have been questioned. These are natural resources. The Supreme Court cancelled 122 2G licenses thereby questioning the government’s allocation process. This cancellation has also affected the foreign investor sentiment thereby affecting the economy. The foreign investors are wary of investing in the country because of confusing regulatory norms. Also, coal block allocations done to many firms are under scanner after the CAG report on some wrong doings in the process.
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