Kumar Mangalam Birla Quotes

I think everybody wants GST.

The materialisation of reforms in the form of rollout of the GST, the institution of Indian Insolvency and Bankruptcy Code, and the abolition of the Foreign Investment Promotion Board should boost investor and investment confidence.

The consensus we arrived with States for amending the Constitution to implement GST is a major breakthrough. This alone has the potential to make India competitive and attractive for investment.

Historically Turkey hasn't had much success in attracting foreign investment. Slowly that is changing. There's a tradition of arbitrary decisions by government ministers and senior civil servants, which would ruin businesses from one day to the next, and which has tended to deter foreign investment. That's changing, and convergence with E.U. practices is a good thing in that it improves governance.

We will as soon as possible reexamine our laws and policies and eliminate all obstacles to genuine investment.

Foreign investors are looking for a consistent and stable policy in India.

China is very entrepreneurial but has no rule of law. Europe has rule of law but isn't entrepreneurial. Combine rule of law, entrepreneurialism and a generally pro-business policy, and you have Apple.

No one doing big business can avoid some contact with government agencies, regulators, and policy makers.

Any new financial order for the world must tackle the three chief challenges of our age.

The U.S. is probably the easiest country in the world to operate in. Most of the time, there are clear rules of engagement. The laws are clear. There’s transportation. There’s logistics.

Had it not been for the groundswell of support by the people of India, we would not have seen such a huge exercise of demonetisation bounce off without a single riot or a single law and order issue.

Like all of my colleagues, I believe financial reform is necessary now.

Gujarat is a pro-business state, where civil society organisations are comfortable with working to make sure that business does not suffer. Large parts of the rest of India, for better or worse, are very different.

If you asked would I have done a startup in India, the answer is yes.

The No. 1 country in the world to do business in is which one? To locate where you want to create jobs, where you want to have a great market? It's Canada. Even in Russia, you can build a Silicon Valley outside of Moscow.

Indian Prime Minister Narendra Modi turned the narrative around on demonetisation very quickly by promoting the move as one way of ending systemic corruption in the country.

Our institutional framework needs to be bolstered further. We have to implement laws like the proposed Bankruptcy Code and GST (Goods and Services Tax), which will create efficiencies and strongly support the business environment.

You can do clean business in India.

I hope that I can continue to champion Dr. Paul's efforts to audit the Fed, protect state's rights, and getting our nation back on track.

In the old days, you dealt with one regulator. Now it's five or six. You all should ask the question how American that is.

As a businessman, you need economic certainty. On the tax policies. You need it on your regulatory policies.

The financial system has to be regulated, we have to end with the tax havens, and it's necessary that the central banks in the world should control a little bit the banks' financing because they cannot bypass a certain range of leverage.

Prime Minister Singh is to be commended for beginning the process of transforming India into a global economic power by initiating economic liberalization in the early 1990s.

Greece wishes to be part of the eurozone, but it must, of course, go through with the necessary reforms to make this happen.

Remonetisation has happened at a fast pace, and that was part of the plan that, subsequent to the withdrawal of the specified bank notes, our production plans and supply processes would ensure that the remonetisation happened as quickly as possible.