Prime Minister Narendra Modi has said that India's economic growth is a 'natural by-product' of his nine-year-old government's political stability, as he expressed optimism that it will be a developed nation by 2047 with 'corruption, casteism and communalism' having no place in our national life.

Alas, the 'basic income' schemes that have hit the headlines in the recent past are a far cry from the genuine article in terms of coverage and fiscal implications, says Vijay Joshi.

Modi avoided a direct reference to the US withdrawing from the international deal.

"We do not have any tight (military) relations with Pakistan," Putin said.

Privatisation is still regarded as beyond the pale but public-private partnerships have gained in popularity.

Privatisation is still regarded as beyond the pale but public-private partnerships have gained in popularity.

'Success will require political skill, not just economic expertise'

India could gain four times over by winding up dysfunctional subsidies.