The Economic Times

Investment climate not in great shape: Former PM Modi advisor urges FDI reforms as outflows surge in FY26

Former advisor Surjit Bhalla calls for major changes to India's foreign investment rules. He warns that strict policies and unclear regulations are deterring global investors. Bhalla suggests liberalizing rules, simplifying dispute resolution, and offering better tax incentives. This is crucial as India faces declining foreign investment and economic pressures. A more stable and profitable environment is needed to attract capital.