Major economic reforms unlikely before 2014 polls in India: Basu
Addressing
a meeting at the Carnegie Endowment for International Peace, an eminent
Washington-based think tank, Basu said that relatively less important
bills might go through Parliament.
Post-2014, he said, "you would see a rush of important reforms" and after 2015 India would be one of the "fastest growing" economies of the world.
Post-2014, he said, "you would see a rush of important reforms" and after 2015 India would be one of the "fastest growing" economies of the world.
At the same time, he said there are some reforms that need to go into fast gear and identified the opening up of the retail sector as one key reform in waiting.
India, he said, also needs to address the issue of massive subsidy leakage and that of poor infrastructure.
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