Economist Montek Singh Ahluwalia advocates for splitting large states like Uttar Pradesh to spur urban growth and creating ‘near-Metros’ from tier-2 towns. He points out challenges in achieving 8% annual growth and the complexities of initiating reforms in a fragmented global scenario.
Sebi relaxes re-KYC process for NRIs; removes physical presence clause
Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India