Privatization has to be seen in the overall context of the respective roles of the state and markets. The State has to be strong to combat the excesses of the market and cope with market failures.
Thus, when and if, we think in favour of introducing an inflation report for India, we need to sort out the prerequisite of a detailed macro model as well as commitment to a band of inflation – not just a point of time (which in any way is announced in the bi-annual policy statements), bur a path for the year(s) to come.