Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

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Recent India research

* India: Stake sales to test Modi’s political will, Shumita Sharma Deveshwar, 10 Aug 2017
* India: Competition with China enters new phase, Amitabh Dubey, 3 Aug 2017
* India: Smooth GST rollout masks important risks, Shumita Sharma Deveshwar, 27 Jul 2017
* India: Politics hampers RBI’s battle for credibility, Shumita Sharma Deveshwar, 13 Jul 2017
* India: Food deflation changes electoral dynamics, Amitabh Dubey, 7 Jul 2017

See all our India research >>

Why India’s investment cycle is not picking up

Overview

As Prime Minister Narendra Modi completes one year in power, much is being written about the growing disenchantment with the government owing to the lack of an economic revival. Macroeconomic conditions are considerably improved: inflation has eased significantly, interest rates have started to fall and the fiscal and current account deficits are well under control. But a meaningful economic rebound still appears a distant prospect. Besides difficulties in getting structural reforms...

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