ExplainSpeaking | Why the world is bullish about the Indian economy

ExplainSpeaking-Economy is a weekly newsletter by Udit Misra, delivered in your inbox every Monday morning. Click here to subscribe Dear Readers, If one looks back at how the economy has progressed since the Global Financial Crisis of 2008, it is not hard to see that India seems to have lost more than a step or two of its growth momentum. More specifically, since 2011-12, the Indian economy has been hamstrung by some problem or the other. First, it was the twin-balance sheet problem which referred to Indian banks being burdened with a rising mountain of Non-Performing Assets (NPAs or loans…