Ruling parties often review or walk back on public contracts signed by previous administrations. This inconsistency and uncertainty in policy cause problems for investors — both domestic and foreign — who often look for clarity and certainty. It is also hurting India's economic ties with other countries.
Posts tagged as “federalism”
The contrasting experiences of Germany, Belgium, the United States and India show the importance of wise national leadership, trust and coordination between the Centre and the states, and respect for the rule of law during a crisis.