Much of public sector should be up for sale
Public sector undertakings have always been in the news. In the heyday of socialism they were said to be occupying the commanding heights of the economy. They were there almost everywhere, from the manufacture of atta, bread and biscuits to zippers! All with a social objective gone topsy-turvy!
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The checks and balances that have failed
What is wrong with the Indian economic system is that checks and balances never seemed to have quite worked at any point of time. This despite the fact that the country is viewed by both domestic and foreign investors as one of the most cumbersome places to make investments and feel safe about.
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