India: Advice To The Policymakers

"I would make the currency convertible, open up trade and investments, so that people can freely buy and sell in the markets, whether it's in the stock market, bond market or commodity market. I would cut the deficit and the government spending in India. I would start paying debt. I would revive agriculture. The government has absurd restrictions in agriculture. India has been, and should be, one of the great agriculture nations of the world. It has land, soil, water everything, if you see the population, there are very smart Indians. There are enormous regulations in the country. Somebody should get rid of these absurd regulations, absurd bureaucracy, and start all over again, so that India can be a great nation again." - in Economic Times



Related: BSE Sensex Index, Indian Rupee, WisdomTree India Earnings Fund ETF (EPI)



Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

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