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Modi keeping India on right growth track

Contrary to some media commentaries, he is sacrificing short-term growth to achieve long-term structural changes which are certain to deliver huge dividends.

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The dramatic improvements in inflation, fiscal deficit and current account deficit achieved by the government of Prime Minister Narendra Modi over the last year provide a springboard for future sustainable growth.

THE lack of meaningful pickup in India's short-term GDP growth has some analysts and commentators getting impatient. I believe the direction of India's economic growth and reforms remain on track. No one could reasonably expect a complete economic turnaround in one year. The uptick in GDP growth...

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