View: India needs to correct some structural flaws to revive growth

Growth is stalled for want of investment and because the mechanism for mediating savings to investment is broken. Merely cutting lending rates or creating liquidity will not do. Reviving growth calls for spending political capital, to fix structural problems. Tell the farmer and everyone else they have to pay for the power they consume, that … Read more View: India needs to correct some structural flaws to revive growth

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