The BJP manifesto covers a range of issues that affect the digital industry. Though the manifesto meets some of the investor community's requirements, the challenge lies in quick implementation of these reforms. Some of the proposed moves in e-governance and GST have already been either initiated or listed by the UPA government that has been in power for 10 years. This time, Medianama checked with investors and VCs what policy changes are required in the ecosystem, and what changes the new government is likely to make. Here are their responses: Investment environment Pankaj Jain, 500 Startups - If Rwanda has policies where a company can be setup in 24 hours for $100, why can't we do this in India? - Make it easier to invest in young startups. Have some loose requirements but don't make it hard for individual angel investors and funds. - Make the rules for FDI easier to manage. - Receiving FDI for any Indian company is a nightmare. The banks have no clue what they need to do and everyone points fingers. - Welcome International players who want to invest in India. Make it incredibly easy for them to deploy capital in India and support the Indian growth story. IAMAI - Make the environment conducive for angel investments and other sources of funding for startups and Internet businesses Abhishek Gupta, TLabs - Create a government fund for very early-stage startups and more accelerators (possibly in collaboration with corporates, not universities) - Enable easy flow of money…
