It’s a real race against time

.....It has been obvious to observers, notably the central bank, for some time now that the government will have to get its expenditure under control before the economy can step back on to a higher growth path. The RBI has made lower interest rates conditional on fiscal rectitude and the government has reacted by biting the reform bullet. Subsidy diversion is being trimmed through innovative cash transfers, an efficient goods and services tax is back on the table and infrastructure investments are sought to be put on the fast track......

Read - Hindustan Times