Nuggets: A Miscellany of Reforms

Abstract

This chapter considers reforms in a few selected areas. On macroeconomy, the key recommendation is an upward revision of the inflation target. It suggests that when public sector enterprises incur losses and serve no public purpose, the government should sell them if possible and close them if there are no potential buyers. It recommends consolidation of subsidies to farmers and conversion to a single cash transfer via the universal Aadhaar biometric identity. It also suggests scaling down the Food Corporation of India, splitting electricity distribution companies into network and supply businesses and opening entry into the latter, and amending the Right to Education Act to improve learning outcomes.