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.'
'A lot will depend on the first Aayog and the power it derives.'
Even if the new body focuses on long-term planning, it is unlikely to do so through five-year Plans.
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