Is it time for India to go for competitiveness legislation4 min read 31 May 2022, 09:46 PM IST
An umbrella law like America’s could assure us policy cohesion and aid the cause of global integration
India has been on a steady path of reforms for its economy to achieve better competitiveness. Economic reforms include digital growth, trade policy reforms and a mix of inward and outward looking measures. The agenda is to alleviate poverty and create better jobs. A six-point agenda for India to raise its competitiveness was laid out in my last article. One of the six essential pillars was the need for a ‘whole of government’ approach, within the Centre, and with and among states. For this, it is time for India to consider a law and an institution which can persuade all organizations to pursue competitiveness.
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