Milan Vishnav: India has seen a revolution in its economic performance since the early 1990s. He says much of the dynamism we see in India over the past more than quarter century is a result of those reforms. But he adds that Prime Minister Modi's economic performance since coming to power in 2014 has been rather patchy. And also deal with the stark gap between rich and poor.
India’s Prime Minister Narendra Modi is investing billions of dollars to boost manufacturing and attract foreign investment in his rapidly growing country. Modi’s ambitious goal: To propel India to the top ranks of global economic powers, alongside the US and China.
Bloomberg journalists Kai Schultz and Vrishti Beniwal join this episode to explain how he intends to do that–and the tall challenges he’ll face along the way. And Milan Vaishnav, director of the South Asia Program at the Carnegie Endowment for International Peace, talks about Modi’s successes, and stumbles, as he navigates India’s complex political and religious cross-currents.
Read more on this story here: https://www.bloomberg.com/news/features/2023-01-23/india-s-1-4-billion-population-could-become-world-economy-s-new-growth-engine?srnd=bigtake
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