Finance Minister Nirmala Sitharaman has to seek solutions to macroeconomic concerns. But these need to be married with problems related to viable farm incomes, stress on the informal sector, largely small and medium businesses, and the struggles of the underprivileged.
Demonetisation and the subsequent introduction of Goods and Service Taxes (GST) were aimed at lifting Indian economy. But the government's vision has been counterproductive given the way international bodies are calculating India's economic growth
The surge is a two-year high and gives the government the device to parade an economic rebound before general elections next year. But aside the drum beat of praise one may well ask if the economy is really recharged?