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
PM Narendra Modi | Coronavirus | Coronavirus lockdown
SI Reporter |
Last Updated at May 15, 2020 14:48 IST
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 ...
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First Published: Fri, May 15 2020. 10:10 IST