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

Source: Getty

Other

Modi’s Reform Agenda: Change You Can Believe In?

Given the array of external and internal constraints on the government, further enhanced by recent election defeats, the Modi government is unlikely to deviate from its gradualist path toward reform.

Link Copied
By Milan Vaishnav
Published on Nov 24, 2015

Source: Bertelsmann Foundation

Indian Prime Minister Narendra Modi entered office with a historic political mandate. For the first time in thirty years, a single party won a majority of seats in the lower house of Parliament (Lok Sabha). However, Modi faces skyhigh expectations to fulfill his campaign promises of getting India’s economy back on track. Eighteen months into his government’s term and in the wake of electoral defeats in the states of Delhi and Bihar, questions are being raised about its economic performance. While the Modi government has stabilized India’s macroeconomy and announced a series of incremental economic reforms, more sweeping changes have fallen victim to India’s nettlesome domestic politics, including roadblocks within the ruling alliance....

Read the full text of this policy brief at the Bertelsmann Foundation.

Read Full Text

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

  • Commentary
    Indian Americans Still Lean Left. Just Not as Reliably.
      • +1

      Sumitra Badrinathan, Devesh Kapur, Andy Robaina, …

  • Paper
    Indian Americans in a Time of Turbulence: 2026 Survey Results
      • +1

      Milan Vaishnav, Sumitra Badrinathan, Devesh Kapur, …

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
    Strategic Europe
    The EU Needs a Third Way in Iran

    European reactions to the war in Iran have lost sight of wider political dynamics. The EU must position itself for the next phase of the crisis without giving up on its principles.

      Richard Youngs

  • Commentary
    Strategic Europe
    How Europe Can Survive the AI Labor Transition

    Integrating AI into the workplace will increase job insecurity, fundamentally reshaping labor markets. To anticipate and manage this transition, the EU must build public trust, provide training infrastructures, and establish social protections.

      Amanda Coakley

  • Commentary
    Strategic Europe
    Can Europe Still Matter in Syria?

    Europe’s interests in Syria extend beyond migration management, yet the EU trails behind other players in the country’s post-Assad reconstruction. To boost its influence in Damascus, the union must upgrade its commitment to ensuring regional stability.

      Bianka Speidl, Hanga Horváth-Sántha

  • Commentary
    Strategic Europe
    Taking the Pulse: Can the EU Attract Foreign Investment and Reduce Dependencies?

    EU member states clash over how to boost the union’s competitiveness: Some want to favor European industries in public procurement, while others worry this could deter foreign investment. So, can the EU simultaneously attract global capital and reduce dependencies?

      • Rym Momtaz

      Rym Momtaz, ed.

  • Commentary
    Strategic Europe
    Europolis, Where Europe Ends

    A prophetic Romanian novel about a town at the mouth of the Danube carries a warning: Europe decays when it stops looking outward. In a world of increasing insularity, the EU should heed its warning.

      Thomas de Waal

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.