Big Government Is Stifling India’s Economy

International Liberty

As part of yesterday’s column about global growth, poverty, and inequality, I realized that I’ve written several columns about economic policy in China, but never once focused on overall policy in India.

Indeed, a quick look through the archives reveals only three columns that even addressed specific policies in India. And all of them were negative.

So it’s time to assess overall economic policy in India, which means this is an opportunity to point out that there are some positive developments in the world’s second-most populous nation.

One of my Cato colleagues, Swaminathan S. Anklesaria Aiyar, wrote an exhaustive study on India’s economy last year. The bottom line is that there’s been some progress, most of which took place in the 19990s.

India’s economic…

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