Chandrajit Banerjee: why the Prime Minister's call is more about resilience than austerity
· livemint.com
Industries should view the appeal of Prime Minister Narendra Modi to cut back on certain expenditures as a call for efficiency. Businesses can take steps that strengthen their own competitiveness even as they serve the country’s aims.
It is important to read the message in the right perspective. The challenges India faces are not unique to us. Every country is grappling with them. India has c...