A woman stands in floodwaters at her home in Kainakary village in the district of Alappuzha, Kerala. (Photographer: Prashanth Vishwanathan/Bloomberg)

Rewriting History Muddies India’s Economic Future

(Bloomberg Opinion) -- Every nation’s economic output moves up or down along a long-term trend, fluctuating in accordance with seasonal patterns, business and financial cycles and random shocks.