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A prescription for revival
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India, Sept. 12 -- If only we could go back to the way things were when Prime Minister Narendra Modi came to power in 2014, when there was so much optimism in the country. The wishful thinking is a common refrain now. Much has changed in the macro and micro environment since then as both "endogenous and exogenous" factors have played a part in slowing down the global and Indian economy . And though it is laudable that the Finance Minister didn't wait for the Government's first full-year budget in February 2020 to make necessary rectification, hopefully recent interventions can help green shoots of revival spring up after the next two quarters, the minimum time needed for it.
While the existing problems are well known, senior economists a...
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