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  • In the news

FED’s Roadmap For Viksit Bharat #Budget2024

"Our labour laws are only protecting labour from getting jobs and nothing else," says FED's Operating Partner Piyush Doshi ahead of Budget 2024, as he shares his roadmap for really unlocking labour-intensive manufacturing. FED's Advisory Board member Gurcharan Das, also on the panel, explains that only "two out of three cylinders have fired." The one that really needs to fire today is manufacturing, for India to be able to create jobs for its huge workforce. Watch snippets from the pre-budget panel discussion in this Twitter thread.
  • July 23, 2024
  • Op-Ed

Bad laws are bad for business: They must be reformed, not ignored

"How many hours do you end up spending on regulatory matters?" we asked Agarwalji, a garment exporter. 'Around 15-20%,' he said, 'approvals and inspections, labour audit, water, building certificate, new site formalities and so on. Every day, I spend a couple of hours going through some of these.' Since this involved government officials, he couldn’t delegate it; officers would insist that the owner be their single point of contact. This is not an exception, but a sad reality facing many manufacturers, specially MSMEs," write Ankur Kothari and Yuvraj Khetan in this piece for Mint.
  • June 27, 2024
  • In the news, Updates

Under new norms, UP to get 2 lakh more hotel rooms on 30% less land

Our team at Foundation For Economic Development recently saw a year’s worth of efforts bear fruit when the Uttar Pradesh Government led by Chief Minister YogiAdityanath introduced important changes in the state’s building byelaws for hotels. Under the new bye-laws, among other things, ground coverage will increase from 40% to 100%, building height restrictions will be removed, and maximum floor area ratio (FAR) will be increased to 5. FED worked with the state government on this reform, providing pro bono analytical support for shaping the proposal to reform the byelaws. Read the full article to know how the changes will help.
  • July 10, 2024

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