The Chief Economic Adviser to the Finance Ministry, Dr Kaushik Basu, on Tuesday said coalition politics is holding back reforms in the country especially in the areas of FDI in retail and decontrol of diesel price. Delivering the Dr V.K.R.V. Rao Memorial Lecture, Dr Basu said to boost the morale of investors , India needs immediate reforms in these sectors. “I would stress it would benefit farmers in a large way. This would allow small farmers and small producers to get hooked on to the global supply chain. The way China and Indonesia have done,” he added. “Some part of the political group does not seem to understand. But there is political consensus among top political leaders but coalition politics is holding back reforms,” he added. Watch more on this story.
Tags : # Kaushik Basu
04:18 25 May 2013 from
Moneycontrol
How Srikumar Misra's Milk Mantra fights adulteration menace
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04:16 25 May 2013 from
Moneycontrol
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04:16 25 May 2013 from
Moneycontrol
Lupin aims to be specialist co; eyes more branded products
Lupin, which is considered to be one of the most interesting growth story in the pharma sector wants to now enter a new growth orbit by transforming it self in to a specialist company from its current branded generic character, said the...
