Key Indian adviser sees bumpy economic path-Arvind Subramanian weighs impact of demonetization, GST and Air India sell-off
NEW DELHI — Political stability in India paved the way for root-and-branch reforms such as demonetization and the new Goods and Services Tax. But as one of the country’s key economic advisers acknowledged, they came at a cost: subdued growth this year that could extend into 2018. “I think in the last year or so…