How Modi was punished by an India he ignored
- Anastasia Piliavsky
- TIMESOFINDIA.COMUpdated: Jun 5, 2024, 07:13 IST IST
The verdict does not only damn Modinomics, it drastically cuts his image to size
Just as pundits settled into the comfort of magical thinking – faith in Modi’s charisma and grand, national narratives – India’s voters have given us a lesson in political realism. While the digital classes in Delhi and Bengaluru cheered the moon landing and the G20 summit, and the magnates in Gujarat celebrated the temple in Ayodhya, other matters have been on the minds of people in deep India.
India’s swelling GDP and its new status as the world’s fifth largest economy have been closely tracked by soaring unemployment, which has risen from 3.2% to 7.6% since 2013. This contrast reflects the gulf between the benefits of Modi’s economics for the rich and the poor.
India’s swelling GDP and its new status as the world’s fifth largest economy have been closely tracked by soaring unemployment, which has risen from 3.2% to 7.6% since 2013. This contrast reflects the gulf between the benefits of Modi’s economics for the rich and the poor.