Economics
Modi’s Biggest Foes to Open India Seen With His Own Camp
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Aug. 21 (Bloomberg) -- For Ashwani Mahajan, the key toreviving India mirrors the movement to kick out the British acentury ago. Only this time foreign companies selling everythingfrom insurance to genetically modified seeds are the colonizers.
Prime Minister Narendra Modi offers the best chance toreclaim India’s past glory, according to Mahajan, co-head of aneconomic policy group linked to the ruling Bharatiya JanataParty. Doing so, he said, means Modi must now resist calls toopen the economy to the likes of Wal-Mart Stores Inc., MonsantoCo. and American International Group Inc.