The Indian government must reform its model of state ownership of DISCOMs. A more market-driven approach will improve autonomy, and financial viability.
Ajay Banga said India has window of 3-5 yrs to seize opportunity to attract investment, adding that its growth has been cushioned by domestic consumption in face of global slowdown.
We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.
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