In a captivating discussion, Max Rodenbeck, The Economist's South Asia bureau chief, and Mathieu Favas, a finance correspondent, dive into the political landscape of Uttar Pradesh, spotlighting its implications for Prime Minister Modi's Hindu-national agenda ahead of the 2024 elections. They also unravel the complexities of fossil fuel divestment in light of climate activism and investor pressures, highlighting the paradox of oil companies selling off polluting assets. Finally, they analyze shifting global democracy trends, revealing both alarming declines and unexpected resilience in various regions.
The state-legislature poll in Uttar Pradesh is in effect a vote on Prime Minister Narendra Modi’s increasingly stringent Hindu-national agenda—and will hint at his party’s chances in 2024. Oil majors are getting points for selling off their dirtiest oil-and-gas operations; we ask who is buying them. And which countries are up and which are down in our annual Democracy Index. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer