Modi Magic Vs Macro Constraints
  • Prabha Hedge
  • Mar 05 2014

March 5: CLSA is of the view that the next government in power will face multiple macroeconomic constraints. In its latest report, the brokerage house has outlined the challenges the next Prime Minister (which they say is going to be Narendra Modi ) will have to face. Rajiv Malik, Senior Economist, CLSA, says "Away from the roar of campaign sound bites, navigating through India's multiple macro constraints will be more challenging and without the certainty of quick payoffs.”