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Reform or perish: Jaitley's message to states

Finance Minister Arun Jaitley today called upon states to reform to attract investment, saying investors do not like policy paralysis and prefer destinations that offer more favourable business and political environment. "In addition to co-operative federalism, India has also become a competitive federalism. The future would be competitive federalism because it's not Centre-state relation, but it is states and states competing with each other in order to attract investment," he said.


Date:  2016-03-31