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Wait gets longer for India investors expecting change from Modi

He's struggled to use lower-house majority to pass legislation, latest being the insurance bill

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POLITICAL OBSTRUCTIONISM: The opposition's tactics were 'an effort to stall this government's development' and constrain its options in the next fiscal budget, says Mr Naidu (left); delays risk damping Mr Modi's (centre) image as a reformer.

New Delhi

THE wait just got longer for investors who expected sweeping moves to bolster India's economy after Prime Minister Narendra Modi's landslide election win.

Lawmakers failed to vote on a six-year-old bill that would allow more foreign investment in the insurance sector

sentifi.com

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