“Modi has achieved the largest consolidation of power in India since Indira Gandhi in the ’70s and ’80s, and he wants to unleash the Indian economy to regain the mojo of the last decade,” said Rice University economist Russell Green.
“But despite glitz and fanfare, he has not executed his power forcefully,” said Green, who served as the US Treasury Department’s first financial attache to India from 2008-2011.
The Baker Institute’s Will Clayton Fellow in International Economics sais she hopes that by next year “we can point to substantial measures to liberalise the (Indian) economy and improve government performance.”
PTI