We began doing what Abe started in 2012 eight years before him, even before the global financial crisis hit us. We put the economy on fiscal and monetary steroids, and this was the single most important cause for the growth slowdown that followed 2011-12. Barring demonetization, which no one recommended, almost every single thing Modi did had economists, politicians and businessmen rooting for it. True, but in a diverse and complex economy like India, to expect perfection in every policy is asking for the moon. That he is being roundly criticized for what he did right tells us what is wrong with his critics.

Source: Mint May 14, 2019 18:11 UTC