August 19, 2015
Tanchum: India’s Changing Energy Policy
In its June 2015 Global Economics Prospects report, the World Bank for the first time placed India ahead of China as the growth leader among the world’s major economies.
While certainly an accomplishment which Indian Prime Minister Narendra Modi can tout, India’s sustained economic growth will be dependent on New Delhi’s ability to secure reliable and affordable energy supplies to power India’s increasingly dynamic economy. Thus, any genuine Modi economic miracle turns on how well the Prime Minister’s government manages its energy policy.