• Research
  • Strategic Europe
  • About
  • Experts
Carnegie Europe logoCarnegie lettermark logo
EUNATO
  • Donate
{
  "authors": [
    "Milan Vaishnav"
  ],
  "type": "legacyinthemedia",
  "centerAffiliationAll": "dc",
  "centers": [
    "Carnegie Endowment for International Peace"
  ],
  "collections": [],
  "englishNewsletterAll": "ctw",
  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Carnegie Endowment for International Peace",
  "programAffiliation": "SAP",
  "programs": [
    "South Asia"
  ],
  "projects": [
    "India Decides 2014"
  ],
  "regions": [
    "South Asia",
    "India"
  ],
  "topics": [
    "Political Reform",
    "Economy"
  ]
}

Source: Getty

In The Media

Modi’s Strategy For India’s Economy

While Modi has a lot of good instincts when it comes to the economy, India is in a dire economic situation and Modi faces a difficult task.

Link Copied
By Milan Vaishnav
Published on May 19, 2014
Project hero Image

Project

India Decides 2014

India Decides 2014 provides timely analysis on India’s national elections and their impact on the country’s economy, domestic policy, and foreign relations. It brings together insights from Carnegie’s experts in Washington, New Delhi, and around the world.

Learn More

Source: Bloomberg TV

Milan Vaishnav of the Carnegie Endowment for International Peace talks about Narendra Modi’s opposition bloc's victory in India’s election and the political and economic challenges facing the new leader, such as the current state of investment, business, and infrastructure. He says the new government will focus on growth, but likely economic progress will be made at a much more gradual pace than voters are hoping for. Vaishnav talks with Alix Steel on Bloomberg Television's "Street Smart."

This interview was originally broadcasted by Bloomberg TV. 

About the Author

Milan Vaishnav

Director and Senior Fellow, South Asia Program

Milan Vaishnav is a senior fellow and director of the South Asia Program and the host of the Grand Tamasha podcast at the Carnegie Endowment for International Peace. His primary research focus is the political economy of India, and he examines issues such as corruption and governance, state capacity, distributive politics, and electoral behavior. He also conducts research on the Indian diaspora.

    Recent Work

  • Paper
    Delimitation After Defeat: India’s Unfinished Debate Over Representation
      • Louise Tillin
      • Andy Robaina

      Louise Tillin, Milan Vaishnav, Andy Robaina

  • Research
    India and a Changing Global Order: Foreign Policy in the Trump 2.0 Era
      • Sameer Lalwani
      • +6

      Milan Vaishnav, Sameer Lalwani, Tanvi Madan, …

Milan Vaishnav
Director and Senior Fellow, South Asia Program
Milan Vaishnav
Political ReformEconomySouth AsiaIndia

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

More Work from Carnegie Europe

  • Commentary
    Can Europe Compete with the United States and China?

    Between the United States’ market-driven approach and China's state-led industrial strategy, Europe is reckoning with how it can remain competitive in the global economy. But is Europe in danger of becoming a U.S. or China colony?

      Noah Barkin, Anu Bradford

  • Europe flags citizens demonstration
    Commentary
    Strategic Europe
    EU Enlargement Forgets Europeans

    Preparing candidate countries for EU membership is no longer enough. As the enlargement process becomes a reality, the union must also prepare its own societies.

      Iliriana Gjoni

  • Article
    EU Integration Without Ratification?

    Countries face several hurdles in joining the EU, including the final stage of ratifying their accession treaties. Procedural reforms and substantive adjustments could help move the process forward.

      Stefan Lehne

  • Commentary
    Strategic Europe
    There Is No Shortcut for Europe in Armenia

    Europe has an interest in supporting Armenian leader Nikol Pashinyan as he tries to make peace with neighbors and loosen ties with Russia. But it is depersonalized support in the long term, not quickfire flash, that will win the day.

      Thomas de Waal

  • Commentary
    Strategic Europe
    How to Join the EU in Three Easy Steps

    Montenegro and Albania are frontrunners for EU enlargement in the Western Balkans, but they can’t just sit back and wait. To meet their 2030 accession ambitions, they must make a strong positive case.

      Dimitar Bechev, Iliriana Gjoni

Get more news and analysis from
Carnegie Europe
Carnegie Europe logo, white
Rue du Congrès, 151000 Brussels, Belgium
  • Research
  • Strategic Europe
  • About
  • Experts
  • Projects
  • Events
  • Contact
  • Careers
  • Privacy
  • For Media
  • Gender Equality Plan
Get more news and analysis from
Carnegie Europe
© 2026 Carnegie Endowment for International Peace. All rights reserved.