FE Editorial : Getting the NIB to write
That said, a lot depends on the attitude of the principal actors. Till Chidambaram became finance minister, for example, the finance ministry was seen as leading the anti-reform brigade with its retrospective taxation and lack of progress on the GST. Within the last few months, the same policy-paralysed government, similarly, has cleared FDI in single- and multi-brand retail, has made large cuts in the base price for the 2G auctions, announced a 42% discount in Hindustan Copper prices before the divestment and made big moves on Aadhar-linked payments, albeit for the politically easier ones. The CCI, in other words, has had a poor start, but the government may just be able to make it work.
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