You are here: Home » Opinion ยป Letters
;
Business Standard

Letter to BS: Modi needs a trouble shooter to push forward reforms

Prime Minister Narendra Modi's reforms today would be better served by the gift of insight and pervasive intermediation of the likes of an Arun Jaitley

Topics
PM Narendra Modi | Coronavirus | Coronavirus lockdown

SI Reporter  |  Indore 

The government has unveiled a hefty revival package in an unconducive economic environment. What is of concern is that the government has chosen to push major reforms concurrently with this magnitude of deficit financing when economic wheels are stuck deep. A number of enabling legislations would need to be enacted to prop up the proposed reforms that touch practically every sector. In fact, even to push the stimulus, we need quite a few Ordinances. A multi-faceted stimulus is now to be steered through a clutch of 53 ministries. We have had a few capable analyst-administrators in the economic portfolios but this challenge will be the most daunting yet. It would entail grasping the gist, sifting the relevant matter and pursuing goals with clarity and grit. The need is for a master trouble shooter with skills of prescience, persuasion and possessing skills of sure footed navigation. Former prime minister P V Narasimha Rao’s reforms of the 1990s had Manmohan Singh executing them. Prime Minister Narendra Modi's reforms today would be better served by the gift of insight and pervasive intermediation of the likes of an Arun Jaitley. The grander the vision for reform, greater the need for the man Friday.

R Narayanan Navi Mumbai


Letters can be mailed, faxed or e-mailed to: The Editor, Business Standard

Nehru House, 4 Bahadur Shah Zafar Marg New Delhi 110 002

Fax: (011) 23720201 · E-mail: letters@bsmail.in

All letters must have a postal address and telephone number
<iframe width="100%" height="464" src="https:/https://www.youtube.com/embed/NWT9cweUo8k" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.


We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, May 15 2020. 10:10 IST
RECOMMENDED FOR YOU