Although India attracted USD 5.5 billion last year and is expecting to net more than USD 6 billion this year in Foreign Direct Investment, state-level administrative barriers have reduced the flow to only 60% of the projected amount. Delays in the grant of clearances is cited as the primary culprit. An industry body FICCI has advocated a stability in policy making, removal of administrative and implementation obstacles, enforcement of intellectual property rights, and introduction of value-added tax (VAT) by all states as means to attract more Foreign Direct Investment (FDI) and to achieve double digit growth.