India from Fragile Five to bright spot: A tale of two regimes

India's economy has experienced a tale of contrasts over the past two decades. The approaches of the UPA and NDA regimes stand in contrast, with the NDA focusing on transformative reforms and the UPA exhibiting signs of presuming the economy would self-steer. The UPA's response to the 2008 crisis worsened the situation, leading to economic stagnation and dwindling investor confidence. However, when the NDA came to power in 2014, they focused on cleaning up the mess and implementing reforms.

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