Business Today

Challenges For The New Government

The state of agriculture and a slowly shrinking balance of payments may hinder India's growth story.

To call it the new government is perhaps too daring. Bharatiya Janata Party may well return in the coming general election. But its majority may be smaller perhaps small enough to make it seek partners. If it loses and the Opposition forms the government, it is bound to be a coalition. This will be the biggest change after the election: The government will be less decisive, whatever its composition. In his Q&A session

You're reading a preview, sign up to read more.

More from Business Today

Business Today9 min read
New age NBFCs Budget 2020
If I walk on the road, all the small entrepreneurs on my left and right are our potential customers," says Mohit Sahney, whose Rajasthan based non banking finance company (NBFC) Finova Capital caters only to the financially underserved people such as
Business Today5 min read
Overspending for Growth
The government has bitten the fiscal bullet and taken the option of diverging from the fiscal deficit glide path in favour of stimulating growth. The Budget, presented by Finance Minister Nirmala Sitharaman, has taken the 0.5 per cent escape route pr
Business Today8 min read
Plugging Import Leaks
Last year, Varun Mittal, a Ludhiana based manufacturer of knitted goods, observed an unusual trend in import of a key raw material (a fabric item) just after the government imposed anti dumping duty on it to discourage imports. The import of this pol