Indeed, enthusiasm for India in Washington may wax or wane over the next four years, but arguably this will depend less on who occupies the White House than on who occupies the prime minister’s residence at 7 Race Course Road. Over the past two years, faced with a global slowdown and a lack of reforms, […]
Its economic growth is stalling. So it may be time for India to squeeze more productivity out of its large, poor, sleepy and over-subsidized agricultural sector. Unlike China, India forgot to urbanize, researchers at Gavekal point out in a note. And the first step of urbanization should have been land reform. Industrial economies often get there by handing farmers […]
Sometimes, raw courage is the only way to break political gridlock. With a flurry of bold executive decisions yesterday on foreign investment — the most extensive policy changes since his government was re-elected in 2009 — Prime Minister Manmohan Singh of India has rediscovered his reformist zeal. India’s consumers, media watchers and flyers will benefit from the Cabinet’s approval of […]
looking beyond borders 