"The main threat is the declining growth rate that has occurred in India because of declining investment and because there has been a slowdown in economic reforms over the past several years," said Robert Blake, assistant secretary of state for South Asia, at a congressional hearing.
"It's no secret," he continued, "that Indian Parliament has been tied up in knots over debates about corruption and such other things." India posted a modest GDP growth of 5% in the current fiscal. But India believes the downturn is over, and better times are coming.
Blake's remarks came in response to a question from Ami Bera, Indian-American first-term member of the House of Representatives.