The economy’s expansion in the next few years will have to jump manifold to the match the average growth of the last 10 years.
Hard decisions could ruffle political feathers; but good economics will have to prevail for Narendra Modi to better the record of his immediate predecessor.
From a country on the verge of an import payment default in 1991 India today stands shoulder-to-shoulder with the world’s largest economies.
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Charts by Harry Stevens, Research by HT Business Desk