Objective Is To See How To Make Life Easier For People Investing In India, Says M Damodaran

Описание: The finance ministry had recently set up a committee under former Sebi chairman M Damodaran to look at ways to scale up private equity and venture capital investments in India. This also comes at a time when we are seeing large-scale layoffs across startups in the country.

Speaking exclusively to CNBC-TV18 at the launch of industry body FICCI's Model Risk Code, the former Sebi chairperson spoke about ways to scale up PE and VC investments in India, lessons from layoffs in startups, and regulatory changes needed for ease of doing business.

On the need for parity in taxation, Damodaran said, "We have got inputs from a large number of people, the committee itself has considerable expertise drawn from the resources. We are looking at all of this, our objective is to see how to make life a little easier for people that are actually investing in India. This is certainly one of the asks that the committee has received and is addressing."

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