'For economic growth there should be a strategic approach'

  • The Modi government needs a strategic approach on at least four fronts.
     
  • The government needs to create a growth-enabling interface between state and private capital. 
     
  • To grow, adapt the existing capabilities of firms to improve the quality of the products and develop new capabilities that allow them to produce new goods and services. 

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  • The government also needs a strategic approach to its role as a controller of resources.
     
  • There should be a strategic approach to fixing the measurement of the economy. 

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