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Modi's misguided economics will catch up with him
News, Mihir Sharma, Published on 02/05/2017
» It's been almost three years since Narendra Modi took over as prime minister of India -- but, in many ways, it feels longer. Mr Modi's domination of Indian politics, and of Indians' imagination, is complete; no alternative seems possible, every challenger has been defeated. But bad economics has a habit of catching up with its practitioners eventually. And for all his political success, Mr Modi's mismanagement of the Indian economy may yet be his downfall.
State can't fill India's dangerous investment gap
News, Mihir Sharma, Published on 25/10/2016
» India's celebrated position as the world's fastest-growing large economy conceals a dangerous weakness: too few people seem to want to invest there. Even by the government's growth figures, private investment is shrinking at an increasing pace -- by 1.9% between January and March and 3.1% between April and June.