Dr Ashok Gulati is India's most acclaimed agriculture economist and has been Chairman of Commission for Agriculture Cost and Prices. He talks about the big bang 1991 reforms and how Investments didn’t come overnight in 1991 but the delicensing of industry changed the rules of the game. There was a Bombay Club which said Dr Manmohan Singh will de-industrialise the country and we cannot compete with the rest of the world. It took 10 years for the confidence to develop along with other policies. The government plans to create 10,000 farmer producer organisations and has announced an agriculture infrastructure fund for Rs 1 lakh crore. Government has to incentivise infrastructure and invite the private sector for public private partnerships.
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