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March 25, 2016 Narendra Modi risks middle-class backlash in bid to spur lending
A backlash already prompted Narendra Modi to backtrack on a budget proposal to tax the provident funds of 37 million employees, a sign of his reluctance to stick with difficult political decisions ahead of a slew of state elections. Photo: Reuters New Delhi: Prime Minister Narendra Modi risks a political backlash among the middle class […]
