Has India's business climate for domestic and foreign companies worsened in UPA II regime?
Big-ticket reforms such as liberalizing of multi-brand retail FDI, General Sales Tax, and infrastructure bottlenecks have dampened domestic and foreign investor sentiment - leading to outflow of FII money. At the same time, the UPA II government finds itself largely without a strong leader at the Centre. Over the last couple of years, has it become difficult to do business in India?
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