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How 2018 put spotlight on issues with governance in India

Updated : December 31, 2018 01:34 PM IST

One of the defining events of 2018 was the default by Infrastructure Leasing & Financial Services (IL&FS), a marquee infrastructure financier rated AAA.
In the numbers game, though, even the government wasn’t far behind. With the restatement of GDP numbers using a “new” methodology, apparently more robust, the economic growth for many years in the past got marked down.
But the biggest war of the year by far was the one between Reserve Bank of India governor Urjit Patel and the government.
How 2018 put spotlight on issues with governance in India

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