Dhiraj Nayyar

Since 2014, the Modi government has contested vested interests and responded to the aspirations of the people.

The fact is that the Indian economy needs to go through a cycle of firms and even individuals deleveraging and scaling down, adjusting to the new reality. The question for the current government is how best to mitigate the pain of that process.

Since 2014, the Modi government has contested vested interests and responded to the aspirations of the people.

The fact is that the Indian economy needs to go through a cycle of firms and even individuals deleveraging and scaling down, adjusting to the new reality. The question for the current government is how best to mitigate the pain of that process.