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05 SEP,2022 | MEDC
The government needs to overcome bureaucratic inertia if it truly wants to enhance the ease of doing business in India. In 2016, it embarked on a strategic disinvestment of 35 PSUs. But of the shortlisted firms, 24 are still stuck in the sale process. Transactions have been completed in just a few, of which Air India is the most visible. On the trade front, protectionism needs to be phased out to derive the most from the PLI scheme. Policymakers should prioritize FTAs, as opposed to bilateral trade deals. In the long run, that will help revitalize our economy.Nation building exercises depend heavily on cost-effective inputs. The GDP data released recently may augur well for India, but it is only reforms at the grassroots level that will help realize our economy’s potential. Policy has a key role to play in smoothening bureaucratic hurdles.
*Picture Credit:Google
EMERGING ISSUES IN AEROSPACE INDUSTRY: AN INDIAN PERSPECTIVE
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Interactive Meeting with Mr. Jaykumar Rawal Hon'ble Minister for Tourism & Employment Guarantee Scheme Govt. of Maharashtra