Friday, May 8, 2015

Narendra Modi Is Bad for Big Business

And that's a good thing -- particularly when India’s top CEOs are getting mad at him.
Narendra Modi Is Bad for Big Business
Foreign PolicyBY RUPA SUBRAMANYA-MAY 7, 2015
Ayear ago this month, corporate titans around the world celebrated the victory of Narendra Modi’s Bharatiya Janata Party (BJP) in India’s elections. In a country where radical leftists still exert a mighty influence in some states and on the intellectual center of gravity, Modi’s platform was unapologetically pro-business. But to make India more friendly to the free market, Modi has had to step on the toes of some of the same business leaders who backed him.