Economic reforms are on course but there is still a long way to go, Prime Minister Modi told the Wall Street Journal, on the eve of the NDA government’s second anniversary. The PM’s comments come in the context of claims made in some quarters that the government blew an opportunity in pushing the so-called big bang reforms in its honeymoon period after winning a landslide mandate.
Referring to the relaxation in FDI norms, the Make in India drive and the crackdown on black money, Modi said his government “opened up more of the economy to foreign investment and made changes to curb corruption, fill gaps in rural infrastructure and make it easier to do business”.
Looking at the three years ahead, Modi spoke with cautious optimism.
I have actually undertaken the maximum reforms...I have an enormous task ahead for myself.

