News Snapshot:
The column identifies a “rising illiberalism” that’s keeping investors away, the Bharatiya Janata Party’s focus on “ideology and Muslim-bashing”, and state governments alienated by “Modi’s rebarbative politics” as some of the challenges in India’s path to becoming the third-largest economy in the world by 2027. While the rapid development of infrastructure in India and services exports are taking the country in the right direction, job creation remains a major challenge, says the column. With only a small fraction of the working-age population formally employed, “India’s economy must generate mass employment to sustain its growth”, notes the column. New Delhi: India’s...