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How Modi Capitalized on India’s Economic Rise
2024-06-04 00:00:00.0     纽约时报-亚洲新闻     原网页

       

       India’s General Election

       liveUpdates Results What to Know ??Why the Vote Takes So Long ??Combating Deepfakes ??Modi’s Brand of Welfare

       LIVE See more updates from this story June 4, 2024, 5:55 a.m. ET46m ago

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       How Modi Capitalized on India’s Economic Rise Prime Minister Narendra Modi inherited a big and growing economy, kept it going and worked to put his imprint on every aspect of its success.

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       A die-casting factory in Tamil Nadu, India, last year.Credit...Atul Loke for The New York Times

       By Alex Travelli

       Reporting from New Delhi

       June 4, 2024, 12:15 a.m. ET

       Ten years after Narendra Modi was first elected prime minister, India’s economy is roughly twice as large. That is what happens when a country grows at 7 percent a year, as India has been doing, on average, since it opened its markets to international competition in 1991.

       That steady growth has been skillfully repackaged to promote an image of one man’s leadership making it all happen. Along with nationalism and Hindu pride, the idea that Mr. Modi can make the economy move has been central to his appeal since the beginning.

       And Mr. Modi has burnished India’s economy in ways that count the most with voters: He made visible infrastructure expansions and distributed welfare benefits to the majority of Indians, who remain poor by global standards even as the country’s higher-income groups learn to flex their spending power.

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       Alex Travelli is a correspondent for The Times based in New Delhi, covering business and economic matters in India and the rest of South Asia. He previously worked as an editor and correspondent for The Economist. More about Alex Travelli

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