Economic policy uncertainty is a risk stemming from uncertain government policy paths. It can be quantified using indexes like the Economic Policy Uncertainty Index, which tracks newspaper articles containing terms like "economy" and "uncertainty". India's index peaked in 2011-2012 due to policy paralysis, and again in 2013 during the "taper tantrum". Since 2015, India's economic policy uncertainty has decoupled from and fallen below global levels. High economic policy uncertainty can dampen investment in India for up to five quarters by directly impacting investment and indirectly impacting other investment-affecting variables. Policymakers can control economic policy uncertainty by ensuring predictable, consistent policies and reducing ambiguity in implementation.