New Hope for India

The measures needed to stimulate economic performance in India will take time to implement and to produce results. But anyone who wants to judge whether the new government is acting effectively to achieve faster long-term growth should examine whether progress is being made in ten policy areas.

CAMBRIDGE – India’s recent general election could be the most important positive economic event of 2014. Indian voters decisively rejected the Congress party, which had governed India virtually without interruption since it gained independence from Britain in 1947. They are likely to be happy they did.

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