But of course that would immediately remove the need for the government to be apologetic about the accelerating growth rate. Much as the Indian cricket team plays well only under pressure, the environment of slowdown would give the government the justification to carry through changes in the policy regime to prepare businesses to take advantage of the next burst of a favourable wind.
The writer is resident editor, Delhi, ‘The Financial Express’ subhomoy.
bhattacharjee@expressindia.com
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