He states "To revive growth, a simple two step approach. Capitalise on the stock market’s exuberance, disinvest public sector undertakings to raise at least Rs.1 lakh crores. Get a one time special dividend from all PSUs. Use this money to clean balance sheets of banks and recapitalise them. It will not be sufficient but enough to hope for animal spirits to kick in soon. This is perhaps the cleanest way to revive growth than messy affairs such as exchange rate management, printing phantom money or injecting sector specific booster shots"
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