In this article for Mint, Niranjan Rajadhyaksha, Executive Director at Artha Global, argues that how matters move in terms of diversification, defence, debt and the dollar could help us gauge the impact of the Trump shock on the Indian economy and also guide policy. Read the article here.
While the 1991 reforms did away with many controls, there is still an entire web of regulations that impose an immense burden on companies, especially the smaller ones.