With Indian Prime Minister Narendra Modi set to be hosted at the White House tomorrow by President Obama, a Washington think tank has assessed Modi’s economic performance in his first two years in office.
While the prime minister has made progress in several areas, notably opening more sectors of the Indian economy to private investment, trade policy remains a sticking point in its relations with the United States.
According to the report from the Center for Strategic and International Studies (CSIS), the Modi government has made substantial progress on more than half of the 30 structural reforms it took on upon taking office, completing action on seven and making “measurable progress” on another 13.
Many of the successes involve opening up sectors of the Indian economy to private investment, including coal mining, oil and gas, railways, and defense.
Global Trade Magazine: Modi Government Not Committed to International Integration
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