"Commentators have a long list of gripes with Indian policy makers: paralysing land laws; mixed messages on foreign direct investment; and labour laws that make barriers of exit into barriers of entry. Clearly structural reforms are needed to kickstart Asia’s third largest economy.
With elections due next year, the hope is that this is just pause mode, and a change in policy will come with a change in government. So let’s use a little history to see what we can expect in the run up to the election, with the help of a new report from Société Générale.
Source: Soc Gen report |
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