Monday, September 17, 2012

Voice of America: Indian Government Plans Bold Economic Measures

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
Indian Government Plans Bold Economic Measures
Sep 17th 2012, 12:43

In India, the government is not likely to back down from a series of sweeping economic reforms it has announced, despite stiff political opposition. The reforms are expected to invigorate the country's flagging economy and salvage the reputation of a government widely criticized for a paralysis in policy-making. The decision to allow foreign supermarket chains such as Walmart and Tesco to set up shop in India is the boldest and most contentious reform measure taken by the government. But it ...

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