How has the Indian economy fared under Modi govt, in 5 charts3 min read 22 May 2018, 11:03 AM IST
On its fourth anniversary, the Narendra Modi government's economic legacy appears to be under threat because of unfavourable global conditions and a sluggish rural economy
Mumbai: When the Narendra Modi-led National Democratic Alliance (NDA) government took charge of the country’s destiny four years ago, the Indian economy was still recovering from the mini-crisis of 2013—when the rupee had crashed after India’s twin deficits (current account deficit and fiscal deficit) ballooned out of control. Since then, the government has succeeded in consolidating the steps taken during the fag end of the previous government’s term to control the twin deficits of current account and fiscal, and to bring down inflation.
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