FDI in brownfield investment has resulted in acquisition of domestic drug-manufacturing firms by multinational companies.
'Unless we change and we see a change in the direction we are taking, times can only get worse.'
Even if the new body focuses on long-term planning, it is unlikely to do so through five-year Plans.
'A lot will depend on the first Aayog and the power it derives.'
Internal report, to be finalised in seven-10 days, may also suggest reduction in subsidies
Tarun Das and T N Ninan offer their prognosis for US-India momentum on the economic front
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