India Must Deal with Its Domestic Structural Problems Directly To Promote Reform
ANBOUND
All walks of life expect Modi, the new Indian Prime Minister, to lead India to the path to economic growth. However, Modi has many structural problems to solve. Arvind Subramanian, who might be Modi's chief economic advisor, believes that structural problems which are neglected by Indian government and the increase of financial deficit and trade deficit are the root causes of Indian economic slowdown. ANBOUND research team suggests that, the view of Arvind Subramanian might probably in accordance with that of Modi. For Modi, who is determined on promoting reform, how to solve the structural problems will determine the implementation of its administrative program.