
Episode 61 - India’s Rising Soft Power with leading American Sociologist Professor Salvatore Babones
ANI Podcast with Smita Prakash
00:00
The Import Substitution Economy of India
India needs to privatize remaining state-owned enterprises and reduce regulation. India imports $10 or $20 billion of edible oils, which could be made in the country. The way to do that is through marketization of agriculture. If India simply gets rid of all of the oppressive government regulation, industry will boom in India.
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