Скачать или смотреть Marten Pieters, MD & CEO Vodafone India

"The ease of doing business is a lot less in India as opposed to other countries," says Marten Pieters, MD& CEO Vodafone India. "Too much detailed regulation is making doing business difficult. A very aggressive way of tax collection leads to complete discouragement of investment. After the 2G scam the ministry of telecom has become extremely cautious about taking calls. Decisions are not being taken. For example if you have to take decisions relating to penalties where there is a rule in the telecom regulation saying that you can fine upto 50 crore for an event that is now being interpreted as 50 crore per event which means even if we have 50 claims of penalties, it leads to ridiculous amounts," he explains. He also expresses his concerns about the KYC penalties.