INSUBCONTINENT EXCLUSIVE:
a flagging economy as protests and criticism builds against the divisive plan
The government was forced to call in the army to quell protests in some parts of the country this week after the parliament passed
legislation that will prevent undocumented Muslim migrants from three neighboring countries becoming citizens
The change to the law has been criticized by opposition parties as well as by a US federal commission, who say India is moving away from the
Amitabh Dubey, an analyst at TS Lombard in New Delhi
surprising that they have dropped the ball on turning around the economy and focusing on delivering what they think is more important and
growth from a six-year low of 4.5 per cent
His administration announced the biggest privatization drive in more than a decade, weeks after cutting corporate taxes by $20 billion and
taking steps to prop up weak banks.
At the same time, the Reserve Bank of India has cut interest rates five times this year to support
with policy makers last week keeping interest rates unchanged after a spike in inflation took them by surprise.
The protests over the
Unemployment is at a more than four-decade high, a drag on consumer confidence and spending in an economy where consumption makes up about
60 per cent of GDP.
Finance Minister Nirmala Sitharaman met with reporters on Friday to share the progress on measures unveiled by the
government so far to revive consumption
Patnaik, an economist and a professor emeritus at the Jawaharlal Nehru University in New Delhi