Can't wait till 2014

Chief Economic Advisor Kaushik Basu sounded a warning bell at the Carnegie Endowment in Washington, DC, last week, saying that big-ticket reforms would probably have to wait to be carried out for the next government, after general elections in 2014. Professor Basu has since rolled back that announcement a bit, saying that he does not expect all reforms to be stalled and some big reforms, indeed, could be expected in the next six months. 

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