India & Britain
1. Both nation have similar rules & law’s
2. Even after 67 years the government administration runs on similar lines.
3. Babu’s have become today’s Britishers.
4. Netas do not know ABCD of Government rules. It has full of if & bits
5. Babu’s ride on rules due to gap in knowledge & working environment of babu’s & Netas.
Caution:
1. Read all MoU/Agreements extra carefully.
2. Sign only those agreements which are useful for speedy Make in India.
3. Give priority to projects halfway through
4. Military hardware is key area for make in India.
5. Spyware’s & Scotland investigation is best in the world
6. Plenty of Indian Doctors are there . Give them incentive to invest saving in India.
7. TRADE
As an EU member, Britain has access to the world's biggest trading bloc, comprising around 500 million consumers.
Last year, 48 percent of Britain's exports of goods went to the other 27 EU members, the joint lowest percentage of any EU state along with Greece. It also ran up a goods trade deficit with EU partners of 93 billion euros ($99 billion), the largest shortfall.
By contrast, Britain is the third-largest EU exporter of services to other EU partners, behind France and Germany.
The EU has trade deals with some 50 partners, has sealed 13 further deals which are yet to enter into force and nine negotiations are underway, including a potentially huge agreement with the United States.
8. FREEDOM OF MOVEMENT
Immigration tops the list of worries among British voters but Cameron cannot do much about intra-EU migration in his reform push because the freedom of movement of workers is a core EU principal.
9 INVESTMENT The EU is Britain's biggest investment partner as the destination for, and source of, over two fifths of its cross-border investments, according to the Bank of England.
The BoE says Britain has been the largest recipient of foreign direct investment (FDI) flows into the EU, since the single market came into force in 1993, nearly half of it coming from EU countries. At the same time, around 43 percent of British investment abroad goes to the EU.
10 COST OF EU REGULATION
EU rules impose costs on businesses in member countries, such as on labour, climate change and product standards, as part the harmonisation of the single market. An independent Britain could in theory jettison these.
It may not have much freedom to do so, however, if it wishes to remain a beneficiary of the single market after leaving the bloc.
11. FINANCIAL SERVICES
Britain accounts for nearly a quarter of the EU's financial services industry and about 8 percent of national income is generated by banks, brokerages, investment firms and other financial companies, many of which are not British.
Eighty of 358 banks operating in the country are headquartered elsewhere in Europe and around half the world's largest financial firms have their European base in Britain.
Capital Economics, a consultancy, says Britain could lose half its 20 billion pounds in annual exports of financial services to the EU if left the bloc and had to surrender its rights to do business there.
Britain's government has had mixed success with shaping EU financial rules, failing to stop a cap on banker bonuses but winning support from the bloc's court to stop the clearing of euro-denominated securities into the single currency area
12.open freedom of movement. Easy Visa.
Col Ranbir Lamba
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