In his Madison Square Garden speech, Prime Minister Narendra Modi - TopicsExpress

In his Madison Square Garden speech, Prime Minister Narendra Modi claimed that the 21st century can belong to India as it has three assets that no other country does: democracy, demographic dividend and demand. Undisputedly, these are invaluable assets. But Modi must realise that these are eclipsed by a unique combination of three crippling liabilities that only India has: excessive rules and regulations, egregious levels of corruption, and an embarrassingly hostile and irrational tax system.

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