The scheme will be a game-changer for India's people and politicians too. But only if it gets past five major hurdles.
The global economic crisis of 2008, triggered by the collapse of Lehman Brothers, gave Asia a chance to rise, and let nationalist leaders, including Donald Trump, emerge
Ignore the global ‘contagion’. This is actually good news for us as hot money outflows from elsewhere could land on our shores.
Multiple economies are facing 'contagion' globally. India is in a stronger position but must watch its fiscal deficit, savings rate and the impact from speculative exits.