'We need not worry about the market. If we do the right things, the market will come around,' says economist Raja Chelliah.
'What do the moves towards protectionism suggest?' 'That we do not have Aatmavishwas.' 'If you have self-confidence, confidence in your ability to compete with the best in the world, why do you need protectionism?'
On the present government's 'Make in India' campaign, C Rangarajan, former chairman of the Prime Minister's Economic Advisory Council, says it is important to first ask for whom it is being made.
Growth is going to be an important factor in contributing high tax revenue and in containing the fiscal deficit.