Indian BITs should strike a balance between the interests of foreign investors and those of the state. Why the new model of bilateral investment has been unable to attract FDI in the country? What changes should be brought to reform the bilateral investment treaty structure?(250 words)

Mentor’s comment Define what is the bilateral investment treaty. Mention the change in BITs that occurred in 2016. Explain how this and other shortcomings are preventing investment from coming to India. Suggest reform you think may help to revive investment in indian economy.