CGD in the News

The Paradox That Awaits A Prime Minister Modi (Financial Times)

April 01, 2014

From the article:

In India’s forthcoming elections, a government led by Narendra Modi of the Bharatiya Janata party is likely to assume power, and to do so without being too dependent on the support of regional leaders. A vote for Mr Modi will be a vote indicting the Congress-led government, which has overseen India’s most rapid growth: for presiding over epic corruption; emphasising handouts over opportunities; and squandering the opportunities created by the government itself and by easy global liquidity. But it will also reflect abhorrence of the power vacuum at the heart of the nation. Indians want the ditherers in Delhi replaced by the go-getter from Gujarat. How can he wield power to revive the economy, which is his priority?

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