The “Make in India” vision/strategy is apposite and provides a much needed “focal point” to inculcate durable competitiveness in key sectors of our economy. •  The stress on improving India’s ranking in the “Ease of Doing Business index”. This provides a measurable gauge to determine how we progress.
To be frank, this recommendation concerns me greatly, and I hope to persuade you that it is antithetical to time-tested principles and sound practices of central banking. Problems with the Proactive Approach to Bubbles If we could accurately and painlessly rid asset markets of bubbles, of course we would want to do so.