Tuesday, August 19, 2014

It’s a little too cosy now

..........Few can deny that Indian businesses remain highly vulnerable to discretionary government actions, despite economic liberalisation. As Reserve Bank of India governor Raghuram Rajan pointed out in a recent speech, the effort and focus should shift from getting more and more politicians from “fixing” the system to “reforming” the system. Making the system of corporate-political funding fully transparent can be the all-important first step.

No comments: