With China in the midst of a profound change in its economic model, India needs to work out how to make the most of it.

It was the pivot of a political economy strategy of the 1970s—when economic growth barely outpaced population growth.

The only homage paid to virtue, Lord Byron once said, is hypocrisy. The Indian political class has internalised this in letter and in spirit. Every party has a stance on defection and the stand depends on where they sit. 

How can India put in place policy reforms to raise GDP growth without creating macroeconomic instability?

This is an opportune time to revisit the 2-4-6-8 framework that sets economic targets for achieving sustained high growth.

The timing of the release of the GDP data sets up the focus for Modi 2.0—to minimise the sarkar and maximise growth. 

The frequent churn in the Sensex is as much a testament to the dynamic nature of the Indian economy as the decline of a once-dominant airline, Jet Airways, which suspended operations last week.

The trouble with victory, rather a string of victories, is that it catalyses and nurtures hubris.

Much hinges on whether India can rein in its domestic macroeconomic imbalances and achieve industrial competitiveness.

Let economic growth work for the top eight income deciles, and government welfare spending focus on the bottom two.