Corporate America seeks 49 Corporate America wants the Indian Finance Minister, nba jerseys Mr Pranab Mukherjee, to give positive indications on raising the FDI cap in insurance sector and Moncler Women down coat long Hooded Tunic white opening up multi brand retailing during the presentation of budget. In their wish list to Mr Pranab Mukherjee, the US business houses have sought increasing moncler winter jackets the FDI cap in insurance sector to 49 per cent, besides reducing the tariff in a whole range of items. The American corporates also urged opening up of multi brand retailing; liberalisation moncler uk sale of FDI norms for food and agricultural products and streamlining the foreign investment process. believe adoption of these proposed changes would be of tremendous benefit to the Indian economy by stimulating Moncler k2 Multiple logo Men Vest with hooded Black long term stable investment and significant job creation, said Mr Ron Somers, President of US India Business Council, in a memorandum. The council represents the top American companies, including moncler uk online store PepsiCo, Boeing, General Electrics and Lockheed Martin that does business with India. Despite global economic recovery, many conditions persist that stand as challenges to India maintaining its rapid growth, Mr Somers said. He said the USIBC is committed to supporting implementation of policies and regulations that further strengthen the markets in India, while facilitating inclusive growth across all economic sectors and tackling challenges such as the price rise which threatens India food security goals. The memorandum sent on February 9, was twitted by USIBC on Friday with a link to its copy. It notes that Moncler Women down jackets Multiple Logo black India remains an attractive destination for foreign investors particularly because it strives to create a predictable and transparent regulatory environment that encourages investment. moncler toddler the Foreign Direct Investment (FDI) cap in insurance to 49 per cent will be an important tool in the creation of a world class infrastructure that will propel India to a higher level of economic growth, Moncler Women Down Jacket doudoune grey red said the memorandum spread over 11 pages

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Corporate America seeks reforms It noted some positive elements, miami heat jerseys Moncler Mens down jackets no hat red and gray including the liberalisation of FDI and External Commercial Borrowing (ECB) in civil aviation, the allowance of Qualified Foreign Investors (QFI) to directly invest in corporate bonds, and an increase in defence spending at a time of essential national security and technology cooperation."Given continuing apprehension about the anaemic global economic recovery, India s policy environment must compete aggressively for international investment," said USIBC president Ron Somers."For foreign investors to have confidence in India, a predictable and transparent tax environment is essential," he said."USIBC encourages the Government of India to support the Supreme Court decision moncler outlet uk on Vodafone and avoid any regressive policy changes," Somers said."The 2012 2013 Budget s progressive moncler selfridges men reforms in civil aviation, infrastructure, and capital markets should not be undercut by cheap moncler jackets usa inconsistent tax policy," he said.Diane Farrell, executive vice president of USIBC, moncler bubble coat moncler men jackets sale said: "Predictability is vital for attracting and keeping the foreign investment necessary to attain the growth Moncler Kids down Sleeveless Vest pink Moncler Men down jackets vernet Collar Hooded deep green projections stated by Minister Mukherjee."

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