India’s economic jigsaw falling into place
The cogs of growth are now mostly in place. The Narendra Modi government, which came to power on the promise of transforming the Indian economy, has, over the past two and a half years, made several important structural changes that should begin to show results over the coming quarters. It has, for example, passed the Bankruptcy Code to speed up liquidation of sick companies, is well on the way to legislating the Goods and Services Tax (GST), which will stitch [...]