India's path to prosperity is through growth, not redistribution

Why supply-side reforms and private investment are key to nation's economic future

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Signals suggest that policymakers in the administration of Prime Minister Narendra Modi will continue to work on boosting private investment. © AP

Chetan Ahya is the chief Asia economist for Morgan Stanley.

The return of a coalition government in India after two terms has raised the intensity of the policy debate over whether the country needs to enact more aggressive redistributive policies, which voters have expressed their preference for via the ballot box.

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