February 02, 2017

Budget 2017: 5 Reforms India Needs but Arun Jaitley Won't Propose Today

Shankkar Aiyar, Visiting Fellow at IDFC Institute, discusses five major reforms that India needs but are not a part of the budget due to political compulsions.

 

"Major transformations in India have arrived at in the wake of crises. The political operating system is governed by two key principles. Politicians pursue ideas and policies that are electorally rewarding. Bureaucracy enables ideas that which are feasible – in other words, those that do not upend the structure of power that they wield...

Some of the recommendations include downsizing the govrenmnet, dismantling permission raj, liberating PSUs, taxing cash donations to political parties and abolishing MPLADS."

 

Click here to read more about each of these.

 

 

 

Topic : State Capacity / In : OP-EDS
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