gfiles magazine

March 9, 2012

Trigger Jam

private sector naresh minocha
Trigger Jam
Policy paralysis has hit the small arms manufacturers in the private sector the worst, raising a question mark on their very survival
ndia Inc and the media have off late been extremely vocal about the slowdown in economic decision-making process. They have dubbed this as a ‘policy paralysis’ In their criticism, they cite the delays in big-ticket reforms, particularly on allowing foreign direct investment (FDI) in airlines sector or in multi-brand retailing. However, they gloss over the fact that some economic policy decisions have virtually remained unimplemented for more than a decade. A case in point is the manufacture of state-of-the-art small arms and ammunition (SAA) by the private sector....readmore

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