Economic policy.

The article focuses on the economic developments in the India in December 2009. It cites the diversification made by the Reserve Bank of India (RBI) of its foreign-exchange reserves, the release of the discussion paper on a Goods and Services Tax (GST) by the government, and the possibility of the government to accelerate part-privatisations. Moreover, the privatization proceeds are noted to go into the National Investment Fund (NIF) for capital expenditure in social-sector schemes.