Former Chairman of the Economic Advisory Council to the Prime Minister and former Governor of Reserve Bank of India C. Rangarajan has underscored the need for India to continue with the reform agenda.
In doing so, policymakers should identify sectors requiring reforms in terms of creating a competitive environment and improving performance efficiency. Also, the Centre and States must be joint partners in this effort, he said, delivering the first B.P.R.Vithal Memorial Lecture at the Centre for Economic and Social Studies (CESS) here on Wednesday.
Mr. Rangarajan, who is Chairman of the Madras School of Economics, said the reform agenda ought to be incremental in character. “We need to move in the same direction in which we have been moving in the past three decades,” he said.
