How world’s fastest-growing economy plunged into stagflation

Prime Minister Narendra Modi's restrictive new citizenship law is yet another challenge.

MUMBAI: Just two years ago, Prime Minister Narendra Modi was helming an economy expanding 8%, spurring optimism India was on a path to become a major global growth driver.

Now, stagflation looms as the economy grinds toward its slowest expansion in more than a decade and inflation spikes above the central bank’s target, driven by higher food prices. Social unrest against a restrictive new citizenship law is yet another challenge.