Economics
Modi Faces Greece-Sized Snag to Economic Revival
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Narendra Modi swept to power in India on a pledge to revive economic growth. He’ll have to unlock $255 billion of stalled projects to achieve that goal.
As many as 12 of 25 chief executive officers surveyed before election results were announced last week said reviving stuck projects should be the top focus of the new government, with another three giving it the second highest priority. Seven of 11 economists surveyed also said pushing projects that are stuck should be the No. 1 task.