India’s governance crisis

We asked our readers last week about whether India’s failure of governance is redeemable.

Of all the daily injustices that Indian citizens face, the availability of meatballs at Ikea is probably low on their list of concerns.

Bigger problems include the worst slowdown in economic growth for a decade, stubbornly high inflation and, as in so many other countries, a debate over debts and deficits that has divided lawmakers and the country.

Even so, that hasn’t stopped the government’s most senior branches from thumbing through the Ikea catalogue to see which items the Swedish retailer should be allowed to sell in India.

It is not a trivial matter, to be sure. Ikea will be the first major international...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 1 article per month from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Share our publication on social media
Share our publication on social media