Modi reforms come cropper despite big ideas as bureaucrats lack motivation

Three questions: First, is Narendra Modi an economic reformer? Second, where would he rank on the list of India’s reformists: P V Narasimha Rao, Manmohan Singh, Atal Bihari Vajpayee? And third, how successful is he in implementing his reformist ideas?   If the answer to the first question is yes, what does he have to show for as he begins his seventh year?   A lot has been announced and welcomed by those like us waiting for reforms to resume after a 10-year drought since UPA-2 began its slow suicide in 2010. Railways, agriculture, banking, manufacturing, labour laws, power .....

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel
Key stories on business-standard.com are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.