At last week’s World Economic Forum in Davos, Switzerland, India’s commerce minister assured global economic influencers that India’s economy was “poised to take off.” This rings true only because the vaunted Indian economy appears to be bottoming out, with no place to go but up. Modi’s ruling Bharatiya Janata Party has long propagated two core ambitions: building a culturally Hindu-centric nation and aggressively advancing India’s economic development. ADADAnd there is an even darker truth behind India’s economic malaise: Reform is simply not at the top of the government’s to-do list. What I would find, he quipped, is that economic reform comes in at No. ADADSince December, ordinary Indians have hit the streets to voice their concern over the government’s priorities.

Source: Washington Post January 30, 2020 19:41 UTC