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industrial policy

Institutions and Economy~II

In the last decade or so, there has been a renewed urge to implement the reform process. India has reaffirmed its policy to follow fiscal prudence, with a new time path for reducing the national fiscal deficit to 3 per cent of GDP.

Extending a neighbourly hand

What is required now is to let entrepreneurs from South and South-east Asia participate in the Northeast's economy as more diverse investors in a variety of production processes would also link products and services with the larger market access.