Strained relations

A strange confusion reigns in the Indian government's interaction with global big business at the moment. On the one hand, India is more dependent on foreign investment, and the goodwill of multinationals, than it has been for a long time. On the other hand, it has gone out of its way to be an unwelcoming and difficult environment. It seems obvious that these two facts cannot go hand in hand for any length of time - something must give. And when it does, a crisis will be difficult to avoid.

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