Author Nilanjan Mukhophadyay and hosts delve into how Modi transformed India post-Gujarat riots, boosting the economy, implementing welfare schemes, and controversial Hindu-first policies. They discuss implications of potential re-election, long-term vision, and China-India economic potential.
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Quick takeaways
Modi leveraged connections with billionaires to boost the economy, despite initial criticism for handling 2002 riots.
Modi consolidated Hindu votes and focused on economic progress to secure massive election victory.
Deep dives
Narendra Modi's Rise to Power and Influence Through Business Support
India's Prime Minister Narendra Modi gained popularity and power through support from billionaires like Mukesh Ambani. Initially facing criticism for his handling of the aftermath of 2002 violent riots, Modi used his relationships with business tycoons to boost Gujarat's economy. By spearheading the vibrant Gujarat summit, he attracted significant investments, leading to substantial economic growth and a surge in public support.
Emphasis on Economic Development and Unifying Hindu Voters
Modi's focus on economic progress during his first term involved creating initiatives to uplift the poor with essential amenities and empowering them financially. He also aimed to consolidate Hindu votes by transcending caste boundaries, appealing to a wider Hindu population. This strategy, combined with his economic achievements, contributed to a massive victory in the 2019 elections and furthered the Hindu-first agenda.
Controversies and Achievements in Modi's Second Term
During his second term, Modi faced backlash for contentious decisions, such as abrogating Jammu and Kashmir's special status and enacting the Citizenship Amendment Act. These actions stirred protests and heightened religious tensions. Despite criticism and concerns over minority treatments, Modi's popularity persisted, fueled by economic growth and lack of major corruption scandals under his governance.
In 2002, Narendra Modi was facing the biggest political crisis of his career. But in the aftermath of riots that left more than 1,000 people dead – most of them Muslims – he saw an opportunity to turn his fortunes around. He would go on to become one of the most powerful leaders India has seen in decades.
Host K. Oanh Ha, Bloomberg’s Sudhi Ranjan Sen and author Nilanjan Mukhophadyay trace how Modi and his government have been able to transform India into one of the fastest-growing economies in the world.