The first three years of the Modi government were marked by steady progress on reforms in an environment of prudent monetary and fiscal
policies.
The third year is particularly notable for the great monetary experiment aka demonetisation, passage of Goods and Services Tax and significant consolidation of political position by the ruling party. Not everything is hunky dory though. Rising NPAs of the banks and weak private corporate investments are two bugbears that need to be tackled for the next leg of growth.
The webinar discussed the nuances of these, and what they could mean in future.
