‘Glass Half Full’ for Modi Two Years Into Historic India Win
- Parliament adjourned last week after passing two key bills
- Investors call for more economic, institutional reform
India's prime minister Narendra Modi.
Photographer: Thomas Trutschel/Photothek via Getty ImagesThis article is for subscribers only.
Indian Prime Minister Narendra Modi might have got his reformist mojo back.
Two years into an administration that’s been peppered with disappointment ranging from a failure to enact a decade-overdue national sales tax to a lack of labor-market liberalization, Modi’s party pulled off two key legislative wins in the so-called budget session of parliament.