Modi govt's 'vision thing' proves to be a challenge for his aides
A clear vision is crucial for the PM to capitalise on renewed optimism over India since his election win
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New Delhi
ATTEMPTING to be both pro-business and pro-poor, the Modi adminis-tration's communication struggles are starting to disturb both groups in India.
The most costly misstep occurred in April, when Finance Minister Arun Jaitley overstated the amount of tax demands on foreign funds to make a point about helping the poor. The comments triggered a stock sell-off, wiping about US$10 billion off investor wealth over the next four days.
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