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The Modi government in India enters the last year of its term with mixed economic results. The prime minister has moderated inflation and carried out important reforms, but growth remains slow and many Indians are pessimistic about their financial situation. With elections coming next April and several external threats on the horizon, a second term for Narendra Modi is in doubt.
Pramit Pal Chaudhuri
Dr. Emmanuel Martin
After his first 18 months in office, during which India’s economic prospects have brightened considerably, 2016 gives Prime Minister Narendra Modi a last window of opportunity for radical new policy initiatives. If he decides on a bold course, it would depart from the incremental approach that has characterized Mr. Modi’s term thus far. ...
Barun S. Mitra
Over the past seven years, India has quietly added a second trillion dollars to its Gross Domestic Product. Its growth rate is beginning to exceed China’s. To maintain fast expansion, however, India’s political and business leaders need structural reforms to revive the country's investment cycle.
India’s GDP passed the tw...