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Sanyal gives an overview of the history of the country’s economic policies. He says the focus of the current government is to “shift India from a patronage-based economy to one that is rule-based.” In this video, Sanjeev Sanyal further talks about the success of the government’s strategy in tackling bad loans, and how it managed to bring down the inflation rate while retaining a reasonable rate of growth of 7.3 percent, which makes India the fastest growing economy in the world.
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