Both Arvind Panagariya, Professor of Economics at Columbia University and Subir Gokarn, Director of Research at Brookings India seem to be happy with the way things are shaping up for the Indian economy, but Gokarn is worried that idle capacity in India is not just because of lack of demand but also because of lack of complementary capacities.
first published: Nov 30, 2013 02:08 pm
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