Bargain hard but go for RCEP deal: Former NITI V-C Arvind Panagariya

Panagariya said there was a huge scope for India to improve medical treatment

Former NITI Aayog Vice-Chairman Arvind Panagariya on Monday said India should bargain hard for the proposed Regional Comprehensive Economic Partnership (RCEP), but this should not become an excuse for not clinching the deal. 

When an economy opens up, it has to set its house in order to compete, which brings the best out of it, he said. 

“We need to be a little more aggressive. Compete with the best in the world. It brings the best out of you,” Panagariya, professor of Indian Political Economy at the Columbia University, said at the US-India Strategic Partnership Forum in New Delhi. 

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