Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
Notice (8): Undefined variable: urlPrefix [APP/Template/Layout/printlayout.ctp, line 8]latest-news-updates/no-policy-paralysis-govt-plans-report-card-on-economy-to-silence-critics-gaurav-choudhury-23300.html"/> LATEST NEWS UPDATES | No policy paralysis: govt plans report card on economy to silence critics -Gaurav Choudhury | Im4change.org
Resource centre on India's rural distress
 
 

No policy paralysis: govt plans report card on economy to silence critics -Gaurav Choudhury

-The Hindustan Times

Reforms
New Delhi: With general elections due next year, the UPA has drawn up plans to project itself as a business-friendly regime, as investors are side-stepping India following criticism that the government has been unable to push through enough reforms to revive a stalling economy.

A white paper on economic reforms, under preparation, lists out moves such as allowing FDI in multi-brand retail.

Last week, global ratings agency Standard & Poor's (S&P) maintained a "negative" outlook on the Indian economy and cautioned that it could downgrade the country's sovereign ratings if the next government does not appear capable of reversing the low economic growth.

India's S&P rating of BBB- is just a notch above "junk", which carries a higher risk of default by the government, but placed the onus squarely on the next government to turn the economy around.

S&P's commentary came days after investment banking giant Goldman Sachs projected a bullish run in India's stock markets aided by budding recovery signs such as better corporate profitability and also a probable return of a BJP-led National Democratic Alliance in the 2014 elections.

The white paper on reforms is aimed at blunting criticism that not much has been done on the reforms front.