The Modi reforms set to be 'transformational' for India

Business-friendly proposals

Aubrey Capital Management fund manager Rob Brewis finds India's reform programme is the start of a virtuous cycle.

From Mumbai's slums to business boardrooms, Indians appear to be uniting behind Prime Minister Modi's drive to attack corruption, reduce red tape and streamline business applications, further reinforcing the improved growth prospects for the country.  Modi's own modest background no doubt fuels his vision to help the poor. Last November, his surprise decision to replace the nation's entire stock of 500 and 2,000 rupee notes caused significant disruption, especially for those in the countryside. But in Mumbai at least, most people have accepted it as one of many steps on the road to a wid...