India's economic policy over the past four years has been a crucible for many policy experiments - CEA Arvind Subramanian
“Budget 2015 is going to be the break point budget of Modi Sarkar, if prime minister pulls this one off then he will become India's Deng Xiaoping otherwise he runs the risk of facing people's wrath for falling short of expectations.” Inflation or price rise was the primary tool for political attacks NDA used against the UPA government.
Three years back about 49 percent of respondents agreed that inflation had been brought under control, but as on today only 23 percent say that. More than 50 percent complained about enhanced prices in the economy. Clearly the person on the street is not impressed with the ‘sarkari’ numbers on stagnant inflation.
The US remains
the top spot for
global investment,
while India moves
into the top 5.
