India 2012: The Challenges of Governance

Authors: Iyer, Lakshmi; Vietor, Richard H.K
Source: Harvard Business School
Year: 2012
Number of pages: 25

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Abstract:

In January 2012, the government of India faced significant challenges to achieving three key objectives of high growth, inclusive development, and improved governance. The economy was experiencing a growth slowdown, persistently high inflation, and infrastructure and energy deficits. Policy reforms were hampered by several recent corruption scandals, widespread citizen protests against corruption, and disagreements with coalition partners. Could India make the right decisions needed to lift hundreds of millions of citizens out of poverty?