India is positioned as a worldwide economic powerhouse thanks to the combination of technology, patents, and a supportive environment for innovation.
Disinvestment of shareholding and privatisation of public sector undertakings in India, spanning over the last two and half decades, is a mission that did not get accomplished. It was a frontline manifestation of the paradigm shift in the planning process towards national development that the government need not be in business and need only be a facilitator, the dictum still holds true with the present union government.
While still a ‘work in progress’, GST has immense potential to bring large sums into the government’s coffers.
Covid-19 pandemic has affected the Indian economy on all fronts. What can the government and the corporates do for a holistic recovery of the economy?