India in 2013: The country’s global stature remains insecure

What are the lessons for India of the year that is coming to a close? A year ago, I described 2012 as difficult, if not dismal. This year has presented many of the same challenges. Inflation has continued to be higher than what policymakers wanted and strived for, while growth has been lower. Social unrest has continued to simmer, its main causes unattended to. 

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