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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.

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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