Arvind Panagariya Archives — LIRNEasia


A triumph of reforms?

Posted on December 27, 2007  /  0 Comments

The story of telecommunications reforms in India offers a fascinating example of how determined leadership can overcome even the fiercest opposition to reforms, says Arvind Panagariya The total number of phones in India as of October 31, 2007 is placed at 256 million. India has been adding phones at the rate of 6.65 million per month. Tele-density — the number of phones per 100 individuals — now stands at 22.52.