Solutions:
- Allowing market to penetrate in the non -efficient areas.
- Government need to do way with the fear of private sector intrusion and instead adopt the role of facilitator.
- Intellectual property rights need to be preserved and ecosystem of safety of IPR should be there.
- Rational and quick decision making on the unviable public sector units.
- Allowing economic agents to face market prices so that efficiency can be attained. Do away with archaic law such as APMC.
- Big taxation reforms in taxation sector.
- Subsidy rationalisation.
- Given the difficulty of reforming labour laws per se, the thrust could be to move towards affording greater 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube