Basu meets PM to clarify his comments on economic reforms
Quotes

Basu meets PM to clarify his comments on economic reforms

Last Updated: Thursday, April 26, 2012, 12:01
 
 Comment 0
 
Basu meets PM to clarify his comments on economic reforms
New Delhi: Amid controversy over his remarks on economic reforms, Chief Economic Adviser Kaushik Basu on Thursday met Prime Minister Manmohan Singh.

Basu is believed to have given clarification about his comments on economic reforms, which had generated a big debate on the issue across the country.

During his visit to the US last week, Basu had said that major economic reforms in India would hit a roadblock and are unlikely to happen before the next Parliamentary elections in 2014.

Post-2014, he had said, "you would see a rush of important reforms" and after 2015 India would be one of the "fastest growing" economies of the world.

However, later on he had clarified that India will see "some important" reforms in the next six months, including on subsidies, and may be partial diesel decontrol and FDI in retail.

PTI




First Published: Thursday, April 26, 2012, 12:01


Comments


comments powered by Disqus
BMW-X3
BMW-X3
Forbes Best Places for Biz 2014
Forbes Best Places for Biz 2014
Hyundai Elite i20
Hyundai Elite i20
Honda Mobilio MPV
Honda Mobilio MPV
Tata Zest first drive review: In pics
Tata Zest first drive review: In pics

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved