Modi is enabling a handful of very large players to run India’s economy

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Modi is enabling a handful of very large players to run India’s economy

In December 2020, NITI Aayog’s chief Amitabh Kant was attacked for saying that India had “too much democracy.” Kant said: “In India we are too much of a democracy so we keep supporting everybody.” What he was saying in essence was that the government of India would back a very small set of elite firms.