View: It hasn’t been that bad a year for India at all

Synopsis

On the whole, this year did seem, at times, to be without hope and a roadmap. Fortunately, India, with strong leadership at its helm, was able to utilise this period for launching key structural reforms that position us well for a rejuvenation, renewing India’s tryst with destiny.

For India, this year may have been perceived to be an Annus Horribilis. However, on closer look, we must also realise that this year has also seen initiatives that lay the seed of an economic revival. Let’s consider just three key topics on labour, healthcare and education.Take the push for true structural reforms in labour — the new Industrial Relations Code will allow companies with up to 300 workers to fire workers without prior approval,

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