Some Issues in Financial Sector Legislative Reforms

The report of the Financial Sector Legislative Reforms Commission will be a blueprint for legislative reforms in the financial sector. As a pragmatic measure there should be a set of doable legislative reforms which could realistically be expected to be implemented...


A Viable Agriculture Policy for Sustained Growth

The share of agriculture and allied activities in India’s GDP has fallen from 28.4 per cent during the decade ended 1999-2000 to 19.4 per cent during the decade ended 2009-10; furthermore, the share declined to 14.4 per cent in 2010-11....


Financial Legislative Reforms: Which Way Forward ?

The Financial Sector Legislative Reforms Commission recently released its Approach Paper for public feedback. Reviewing a few of its central recommendations...


Future Course of Financial Sector Reforms

The widely held perception is that financial sector reforms were initiated in 1991. It bears mentioning however that the dirigiste regime of the 1970s was deeply ingrained...


Need for Caution in Financial Legislative Reforms

The Financial Sector Legislative Reforms Commission submitted its report in March. The report is breathtaking in its expanse...