EDITOR-IN-CHIEF

Referring to reforms, Prime Minister Narendra Modi is supposed to have once told somebody that “India is a long freight train which has to be turned carefully, otherwise it will overturn”. I can’t confirm whether he said it, but the analogy could not be more apt. The Indian economy is burdened with a legacy of populist and ideological policies confounded further by convoluted and superfluous regulations. Many of them not only fail to make economic sense but are also harmful to economic growth. Prime Minister Modi, in his six-year rule,