How sweet is India's spot?

The economy has a lot going for it, but a closer examination suggests some urgent policy priorities

In recent months, many foreign and domestic magazines, newspapers, and commentators have waxed eloquent about the “sweet spot” India is in with regard to both economic growth potential and the geopolitical context. A prime example was the June 17, 2023, issue of the London Economist, which devoted half a dozen full pages to these issues, as well as the cover. It might be useful to take stock of this viewpoint two months later.

There is no question that the Indian economy has quite a lot going for it at present. The recovery from the 6.6 per cent Covid-lockdown GDP slump