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Modi's demonetisation shows India finally credibly reforming for growth

We often hear India is a country of great potential. But what is really being said is India has the resources, the people, the raw materials for success – if only it could get its act together. Finally that appears to be happening.

If nothing else, the extraordinary abolition of higher value Indian currency notes while the US election was in progress, demonstrates a government with the ideas and the determination to make dramatic change.

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    Original URL: https://www.afr.com/opinion/columnists/modis-demonetisation-shows-india-finally-credibly-reforming-for-growth-20161121-gsula6