India's path to becoming the 5th biggest economy full of pitfalls
India’s economy grew at a faster pace than most major
nations in 2018, and this year, it’s poised to overtake the U.K. to become the
world’s fifth-biggest.
But that journey won’t be smooth. The outcome of a
general election due by May is a potential pitfall for a nation already
battered by emerging market turmoil and a currency rout last year. Also, any
attempts by the government to undermine the central bank’s freedom and raid its
surplus capital may spook investors and carry damaging c.
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