Political obstruction makes Modi’s road to reform a rocky one

Posted by: Edos 23/12/2014 in News Leave a comment

Modi speaks to the media upon his arrival on the opening day of the winter session of the Indian Parliament in New Delhi Political obstruction makes Modi's road to reform a rocky one 2014 12 23T144953Z 2 LYNXMPEABM0JO RTROPTP 2 INDIA POLITICS By Rajesh Kumar Singh NEW DELHI (Reuters) – Parliamentary obstruction scuppered Prime Minister Narendra Modi's economic agenda in a month-long session that ended on Tuesday, and the prospect of further deadlock means he will find it hard to deliver quickly on promises of reform. Lawmakers left without voting on a long-delayed bill to raise the cap on foreign investment in insurance companies to 49 percent from 26 percent, and another that would overhaul the troubled coal sector. …

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