Growth needs new rules of the game

The last three weeks have been eerily quiet. Even rumors of reforms are just being recycled. But by all accounts, we should brace for another blitz of policy changes after the Cabinet reshuffle and RBI's policy review. So far, reforms have focused largely on reviving investor sentiment. This has been accomplished admirably. Not so much by content but by the sheer audacity of the reforms in the face of intense political opposition.

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