Indian Economy: Growth Outstrips Reform

Indian economy will need not a facelift but a thorough overhaul The Narendra Modi Government, which came to power in India in May 2014, promised to carry out sweeping reforms and speed up India’s economic growth. Over the last year, the reformist government has managed to regain for India the status of one of the fastest growing economies in the world. Yet it is still early days to speak about the reform being a success. It can safely be said that 2015 will leave many unpleasant memories...