TastyKhana.in expectations from the new government

Quote from Mr. Shachin Bharadwaj, CEO & Founder at TastyKhana.in on his expectations from the new Government in the IT industry: 

With new government in place, people have high expectations. As an e-commerce entrepreneur, I am quite optimistic that the new government will put policy making as its first priority. The government should aim at smoothening the FDI policies and look including more sectors under the 100% automatic route. A conducive tax environment needs to be created for angel investors and Employee Stock Ownership Plan (ESOPs). Also RBI needs to ease the restrictions on dollar remittances abroad by resident Indians. I believe that a better broadband infrastructure with minimum speeds of internet at 2MBps, a smooth sharing of 3G between Telco’s (for faster penetration) and maybe some tax holidays on 4G technology (for greater adoption) would make wonders for the country’s development. Lastly, we need single window clearance system for business setup and compliances, this will significantly improve the business sentiment. I believe that the new government has started on the right note and, I hope it can deliver the development it has promised