Modi Is India’s Best Hope for Economic Reform
To win a fresh mandate for himself and his party in India’s upcoming elections, Prime Minister Narendra Modi has made extravagant promises and worrisome threats. He can fairly be accused of fanning flames of hostility toward India’s Muslim population of up to 200 million, and when terrorists killed at least 40 Indian paramilitary troops in the disputed province of Kashmir earlier this year, Modi ordered airstrikes into Pakistani territory, a dangerous escalation by one nuclear-armed power against another.
His economic record is mixed. Although India has become the world’s fastest-growing large economy, in January a leaked government survey (after the Modi government refused to release the data) showed the unemployment rate hit a 45-year high (6.1%) in 2017. To create a governing majority following the announcement of national election results later this month, Modi and his Bharatiya Janata Party (BJP) will probably have to find coalition partners. That, in turn, would water down some ..