A broad ambivalence about economic reform prevails in New Delhi He’s not the real problem My previous post dealt with the mounting criticism of New Delhi’s economic management. Not too long ago, India was feted as the “New China” and a driving force in the BRICS fraternity. It was the toast of the 2006 […]
Criticism about New Delhi’s economic management reaches a crescendo Although he claims to have been misquoted, Kaushik Basu, the chief economic adviser at the Indian finance ministry, has only confirmed what has been readily apparent for quite some time. In Washington last week for the annual spring meeting of the International Monetary Fund and the […]