via WSJ,
Political calculation and parliamentary gridlock are putting the brakes on Prime Minister Narendra Modi's plans for economic revitalization 15 months after Indian voters gave him an overwhelming mandate for change.
Following nearly a month of partisan bickering, lawmakers ended a parliamentary session on Thursday last week without passing a centerpiece of Mr. Modi's agenda, which is a constitutional amendment to replace a thicket of differing state taxes with more business-friendly nationwide levy.
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In everywhere, it seems difficult to reform economic policies and systems due to solid relationship structured by the older... Though India is one of the free country out of aging, their given internal economic relationship seems so solid. This maybe is the main negative effect of aging society...
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