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Can Gati Shakti, the prime minister’s latest big-bang masterplan for infrastructure and connectivity, succeed? The pro-business and pro-investment rhetoric surrounding the launch is certainly to be welcomed but the coordinated approach involving 16 ministries also needs to take in the concerns of state governments and civil society. Too many programmes have stumbled on just these hurdles, says the top edit. Read it here
In other views:
T T Ram Mohan points out that China’s banks have been preparing for years to deal with an Evergrande-type crisis. Read it here
Rathin Roy assesses the IMF’s latest fiscal
