{"id":14552,"date":"2014-02-06T01:45:34","date_gmt":"2014-02-06T00:45:34","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=14552"},"modified":"2014-02-06T01:45:34","modified_gmt":"2014-02-06T00:45:34","slug":"indias-central-bank-strong-but-questions-remain","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/indias-central-bank-strong-but-questions-remain\/","title":{"rendered":"India&#8217;s Central Bank Strong, but Questions Remain"},"content":{"rendered":"<p>India&#8217;s modernized central bank can\u2019t do everything &#8212; and lately it has seemed that the rest of the government can\u2019t do anything. The ruling United Progressive Alliance is mired in corruption scandals, with a leadership divided between an ineffective prime minister and an unaccountable Congress Party president.<\/p>\n<p>Heightening the uncertainty is the rise of Narenda Modi,\u00a0the charismatic leader of the main opposition &#8212; the pro-business, Hindu-nationalist, right-of-center Bharatiya Janata Party. Modi, chief minister of Gujarat (one of India\u2019s most successful states), is an electrifying speaker and a hero to many business leaders. His followers can be fanatical &#8212; in both senses of the term. In the past, Modi has sided with anti-Muslim extremists. At the very least, he failed to prevent riots in 2002 that claimed more than 1,000 lives. The U.S. has revoked his visa as a result.\u00a0<strong><a href=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/02\/Indias-Central-Bank-and-Narenda-Modi.pdf\" target=\"_blank\">India&#8217;s Central Bank and Narenda Modi<\/a><\/strong><\/p>\n<p style=\"text-align: center\"><a href=\"http:\/\/www.w-t-w.org\/en\/indias-central-bank-strong-but-questions-remain\/indias-strong-central-bank\/\" target=\"_blank\" rel=\"attachment wp-att-14554\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-14554\" alt=\"India's Strong Central Bank\" src=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/02\/Indias-Strong-Central-Bank-225x300.jpg\" width=\"225\" height=\"300\" srcset=\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/02\/Indias-Strong-Central-Bank-225x300.jpg 225w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/02\/Indias-Strong-Central-Bank.jpg 364w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\" \/><\/a><\/p>\n<p style=\"text-align: center\">\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s modernized central bank can\u2019t do everything &#8212; and lately it has seemed that the rest of the government can\u2019t do anything. The ruling United Progressive Alliance is mired in corruption scandals, with a leadership divided between an ineffective prime &hellip; <a href=\"https:\/\/www.w-t-w.org\/en\/indias-central-bank-strong-but-questions-remain\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-14552","post","type-post","status-publish","format-standard","hentry","category-finance"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts\/14552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/comments?post=14552"}],"version-history":[{"count":2,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts\/14552\/revisions"}],"predecessor-version":[{"id":14556,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts\/14552\/revisions\/14556"}],"wp:attachment":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/media?parent=14552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/categories?post=14552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/tags?post=14552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}