For India’s employment-to-population ratio to be at the global average, nearly 60 crore people need to be at work. Currently, only a little more than 40 crore are.
The government wanted demonetisation to combat three problems. None of them seem to have been solved.
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’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.