Rather, first and possibly foremost, reform should be directed at maximizing efficiency and minimizing costs of state pensions, health care, and nursing care.

FORBES: Deadline Met? Sort Of. Goal achieved? Sadly, No. Crisis Averted? Still Too Early to Say.

"Minimizing airport charges will certainly help us reduce losses if not incur profits, " said an official at state-owned carrier Air India Ltd.

WSJ: India Moving to Reduce Airport Fees