After liberalisation, the government´s primary focus was on reducing the fiscal deficit to restore macroeconomic stability, reforming trade and exchange rate policies and liberalising foreign investment policy. Infrastructure was never a growth constraint in the short term, considering the low utilisation of the existing infrastructure then.
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New head at IDBI cap
IDBI Capital Market Services has appointed Abhay L Bongirwar as the Managing Director and CEO of IDBI Capital Market Services.