Friday, July 17, 2015

Sensing Defeat, India's Modi Shifts Land Reform Tactics

In the first direct blow to his ambitious economic reform agenda, Indian Prime Minister Narendra Modi's government has had to row back on a business-friendly land bill amid fierce parliamentary opposition. The government has not given up on making it easier to acquire land needed to kick-start hundreds of billions of dollars in stalled projects, but after failing to win support in parliament may ask states to pass their own laws. "We realize that currently we don't have...

via Economy - Voice of America http://ift.tt/1CLom7e

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