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Wednesday, December 25, 2024 | 11:15 PM ISTEN Hindi

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Why Atmanirbhar could be govt's biggest gift to Indian pvt sector in 30 yrs

Despite the largesse, however, it remains to be seen whether or Indian companies can shrug off the old habit of jugaad, tweaks and twists

steel plant, steel, steel factory
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Subhomoy Bhattacharjee New Delhi
The Indian private sector has rarely had it so good. The central government has begun to cede space to the sector at a scale not seen since 1991. The government has sweetened the deal by often blocking competition from abroad as well. Despite most sectors permitting 100 per cent foreign investment, the government has tweaked the rules to create barriers for entry and raised import duties on a large swathe of products. 

One of the most headline-grabbing episodes in this series has happened this week, just days ahead of the Independence Day. Defence minister Rajnath Singh released a list of

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