[AI AUDIO] The Economist (April 27, 2024) – 3 – How strong is the Indian economy?

The Indian economy, led by Prime Minister Narendra Modi, is on a trajectory of significant growth and transformation. Although not ready to replicate China's success in manufacturing, India's unique model combines infrastructure development, service exports and social reforms. Modi's policies, while building on previous liberal agendas, have imposed crucial reforms and promoted growth. However, challenges persist, particularly in terms of job creation for the large working-age population. India's future depends on sustained reforms, particularly in education and agriculture, and moving beyond Modi's current autocratic tendencies and divisive politics. Whether India becomes a thriving knowledge economy or succumbs to stagnation depends on its ability to adapt and innovate beyond Modi's tenure.

THE ECONOMIST
THE WORLD THIS WEEK
POLICY
BUSINESS
ELON MUSK
YOU'RE HERE
INDIA

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