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How PM Modi won India’s elections but paralyzed economy: Nikkei Asian Review

Byindianadmin

Mar 11, 2020 #Asian, #review
How PM Modi won India’s elections but paralyzed economy: Nikkei Asian Review

NEW DELHI: In its latest cover story, Japan’s Nikkei Asian Review said that Prime Minister Narendra Modi might have won the elections but his policies have paralyzed India’s economy. It focuses on how his party’s thumping victories in 2014 and 2019 (with a bigger mandate) have not helped in solving India’s economic crisis.

Excerpts from the article:

-“The political and economic crises are tightly interwoven. When Narendra Modi became prime minister at the head of the Bharatiya Janata Party in 2014, he promised to do for India what he did for his home state of Gujarat, where he had presided over an economic growth spurt.”

-“That boom failed to materialise during his first term, which was marred

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