Ever since his electoral victory, the question facing Prime Minister Narendra Modi has been: will he successfully lead India on an economic trajectory that will ensure rapid, inclusive and sustained growth in the coming years?
The stakes are unusually high. If the PM is successful, India can emerge as a good example of a pluralistic democracy breaking out of the low to middle-income trap. This will have global implications in economic and geo-strategic terms. Failure to push towards a higher economic trajectory and instead succumb to hubris, populist economic nostrums and to the premature ambitions of a. . .
