Time to worry Mr. PM?

India’s economy is stalling and inflation remains stubbornly high. Job creation and investment levels are not at the level they need to be to absorb the 20 million young people entering the workforce every year. FDI and FII capital flows have declined substantially in the past year. Many Indian companies are investing outside of India rather than putting their Rupees to work in India. Global forces have certainly played an important role in slowing India’s economic growth; however, it is the spectre of crony capitalism that is haunting us. To dispel this gloom, we need the strong sunlight of transparency.

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