Rubio’s recent visit brought welcome attention, but more capital requires governance changes that may be a hard sell for regional governments.
Jennifer B. Murtazashvili
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Prime Minister (PM) Narendra Modi recently announced that India must become Atmanirbhar (self-reliant).
Source: Hindustan Times
Prime Minister (PM) Narendra Modi recently announced that India must become Atmanirbhar (self-reliant). One aspect of this could be that India will remove barriers within its internal markets to truly become a single market. It will remove the hurdles to efficiency improvements and become more competitive. The Goods and Services Tax (GST) was a step in this direction. Recent decisions to remove hurdles in inter-state agricultural trade are also similar. For agricultural and industrial products, as well as capital, India is increasingly becoming a single market. The creation of a barrier-free domestic market is also an intent reflected in Article 301 of the Constitution.
The article is co-authored with Suyash Rai, a fellow at Carnegie India.
This article was originally published by the Hindustan Times.
K.P. Krishnan
K.P. Krishnan is the secretary of the Ministry of Skill Development and Entrepreneurship of the Government of India.
Former Associate Research Director and Fellow, Carnegie India
Anirudh Burman was an associate research director and fellow at Carnegie India. He works on key issues relating to public institutions, public administration, the administrative and regulatory state, and state capacity.
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
Rubio’s recent visit brought welcome attention, but more capital requires governance changes that may be a hard sell for regional governments.
Jennifer B. Murtazashvili
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