In a report titled India: The Giant Awakens, U.K.-based Aberdeen Asset Management, an international investment management group praised the Modi government for its continued reform measures and added that he has done ‘admirably well thus far’.
The Economic Times carries an excerpt from the report which says, “This time round, India is in far better shape and reforms have been implemented out of design, rather than need,” the report said. “In less than two years, Modi‘s government has transformed India’s political and economic landscape. Indeed, reforms were always intended to be long-term in nature, rather than big bang. Almost every week, we come across seemingly intractable problems overcome by even more innovative solutions.”
The report also refers to the considerable challenges that remain but added that policy makers are committed to addressing them — “Where the government cannot find a way through a problem, it is seeking to find ways around it instead.”
