India in 2024 — Modi once more but bolder reforms wanted

Official results are not out until 23 May, but Modi and his incumbent coalition government are set to retain power as suggested by a few exit polls after India concluded the final phase of its six-week ballots. As the election is viewed as a referendum on Modi’s leadership in the past five years, the victory of Modi indicates that the public is willing to give him a second-term to carry on his unfinished tasks.

Image for post
Image for post
Narendra Modi (Photo: Newsclick)

First, Modi has made progress but far from enough when compared to what India needs.

Image for post
Image for post
Image for post
Image for post
Table 1 Detailed summary of Modi’s promises and progress
Image for post
Image for post
Image for post
Image for post
Image for post
Image for post
Image for post
Image for post
Image for post
Image for post

Second, what is needed to take India to the next level: savings and investment.

Image for post
Image for post
Image for post
Image for post

Written by

Senior Fellow at Bruegel

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store