Reviving the reforms agenda

Wishing all the readers a very happy new year! I hope that the year will usher in reforms to lift the pall of gloom that pervades the industry and business community. Given that the elections in five states will go on until the beginning of March, the reform initiatives can come only in the presentation of the budget in early March. This year’s budget is likely to be a low-key affair as the cacophony of the elections in five states will take all the attention. Of course, like in other years, there will be hopes and speculations on what reforms the budget will bring in. Given the prevailing gloomy business environment, it is important for the government to use the occasion to lift the gloom. In fact, this is an opportunity to prove that the government is still in the business of reforms.

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