Shishir Gupta outlines how the country could target the binding constraints on near- and medium-term economic growth.
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Economics
Jun 15, 2026
Shishir Gupta
Elevated oil prices, potentially strong El Niño conditions during the monsoon season, and the tariff-induced fragmentation of global trade are bearing down on the Indian economy and will likely be a drag on GDP growth. But these adverse conditions may be a blessing in disguise if they force India to complete its economic reform agenda.
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