For most die-hard Modi baiters! (Am sure there still will be a few wholl pull out something totally irrelevant for the sake of commenting and yes looking forward to hear what they say). “After several years of stalled progress, the newly-elected government has begun to implement measures to cut red tape, raise infrastructure investment, deregulate key parts of the economy, and shrink the role of government,” the World Bank said in its “Global Economic Prospects“ report released Tuesday. “Implementation stepped up during the fourth quarter, with the opening up of the coal industry to private investors, a deregulation of diesel prices to reduce the fiscal subsidy bill, a relaxation of labor market laws, and a linking of cash transfers with efforts to increase financial inclusion” were all cited by the report as helping in India’s progress towards supercharged growth. blogs.wsj/indiarealtime/2015/01/14/world-bank-india-set-to-become-worlds-fastest-growing-big-economy/?mod=e2tw
Posted on: Thu, 15 Jan 2015 07:56:24 +0000
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