THL

Insights from Three Headed Lion

India has rapidly emerged as one of the largest economies in the world, but it is also one of the most complex. Now, led by Prime Minister Manmohan Singh’s insistence that “good economics is good politics,” India has announced a new wave of reforms, seen by many as the most significant step since the ground-breaking “opening of India” in July 1991. The reforms include changes to retail, airlines, broadcast and power sectors.

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