In India, run-rates matter for the economy as much as they do in the nation’s beloved sport of cricket. To meet Prime Minister Narendra Modi’s target of turning India into a developed nation by 2047, the economy would need to hit close to 8 per cent growth every year until then. Ambition is good but to stand a chance of achieving it, India needs to match it with an equally bold agenda of economic reforms.
在印度,速度對於經濟的重要性不亞於其在該國民衆喜愛的板球運動中的重要性。要實現總理納倫德拉•莫迪(Narendra Modi)定下的到2047年讓印度成爲發達國家的目標,在那之前的經濟年成長率將需要達到接近8%的水準。有雄心是好事,但若想實現這樣的雄心,印度需要制定同樣大膽的經濟改革議程與之匹配。
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