Sanjay Dutt, Director Quantam Securities has expressed concerns over the government reforms and expects the markets to correct 8-10 per cent if the important decisions are delayed further.

Indian government has been criticized by Indian and Global media and analysts for not taking the reforms in various sectors. The coalition partners have made it difficult for UPA-II to push forward with the reforms process. This has resulted in lower investor confidence.

Prime Minister Manmohan Singh has promised the international community and investors that India will push forward the important decisions and will regain its ground as an investment destination.

FDI is multi-brand retail has been a major concerns for various retail chains planning to enter Indian market. Also, civil aviation sector needs drastic steps to allow foreign investors to take larger stake in Indian airliners.

Sanjay Dutt further said that the investors are expecting relaxation in investment rules and steps to reduce subsidies in some sectors to push growth and reduce government deficit.