Political stability
The Narendra Modi-led government has been in power since 2014 and the country has witnessed decisive policies, political stability and economic growth since then.
Reforms
One of the most powerful databases that India has created has been the Aadhaar-based identity.
The other has been the introduction of GST as a single tax structure. There have been various social benefit schemes that have elevated rural income by way of direct benefit transfer.
Along with this, India has made significant strides in strengthening the public infrastructure through substantial investment. This has unlocked the potential for small and medium enterprises to create value for themselves and their shareholders.
We have also seen significant leadership changes in the public sector enterprises that have created value for shareholders in the past couple of years.
この記事は Business Standard の April 12, 2024 版に掲載されています。
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