Vivek Kaul, author & economist, speaks to Anand Ranganathan about his new book, India’s Big Government: The Intrusive State & How It’s Hurting Us. Kaul talks about the Indian economy, employment and labour reforms. He also speaks on loan waivers to farmers — is it a feasible solution?

Also, how much of the maxim “government has no business to be in business” holds true today?