Between aftershocks of the oil-market rout and the pandemic, the path to recovery has further stumbled over region specific issues such as austerity measures in Saudi Arabia.
Sitharaman, who is only the second woman defence minister in India's history, is expected to work closely with the Finance Minister to take key industry-related decisions
Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.