Three years of Modi govt: Garib kalyan on fast track

Fiscal discipline has been maintained but toxic assets worth Rs 7 lakh cr are a massive headache

As the Narendra Modi govt completes three years in office on May 25, we bring you a series of reports to capture the journey so far. The first part appears today   

Jobs, reforms, achhe din (good days) — Narendra Modi promised this and more as he captured India’s imagination, particularly its youth, in the run up to the 2014 Lok Sabha polls.

Three years hence, the report card is a mixed one. Manufacturing shows little signs of revival. Exports are looking up in recent months but largely due to a statistical illusion — of low exports in the same