Indian economy faces challenges post RCEP issue

Last week, Narendra Modi cut off India's participation in what was believed to be the world's largest trade deal, the Regional Comprehensive Economic Partnership or RCEP. At a Bangkok summit where 16 nations were to approve the deal, Modi withdrew with typical theatricality, declaring, "Neither Gandhiji's talisman nor my conscience allows me to join the RCEP." Like the right hook of demonetisation, the decision of the pri....