Louise Tillin, Milan Vaishnav, Andy Robaina
{
"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": [],
"regions": [
"South Asia",
"India"
],
"topics": [
"Economy"
]
}Source: Getty
The Strange Triumph of Narendra Modi: Can India’s Prime Minister Succeed Even as the Economy Plummets?
In 2014, Modi came to power on the promise of an improved economy. As of 2019, India’s economic growth is slowing but Modi’s popularity appears to be intact. If the BJP cannot correct the course of the economy, it will eventually impact the BJP at the polls.
Source: Foreign Affairs
When India’s prime minister, Narendra Modi, ran for the top job five years ago, he campaigned as the country’s best hope for economic reform. The government he ran against, led by the Congress party, had mismanaged the economy, fallen into paralysis, and faced one major corruption scandal after another. Modi convinced voters that he was the answer to their economic woes. He spouted slogans like “minimum government, maximum governance” and promised that the “government has no business to be in business.” On the strength of such promises, he led his Bharatiya Janata Party (BJP) to a sweeping general election victory in 2014 and followed that with a landslide reelection in 2019.
Modi has enjoyed remarkable political success in that time. Public opinion surveys show that he is as popular today as he was five years ago. He has created the most powerful, centralized prime ministerial office since that of Prime Minister Indira Gandhi 35 years ago, concentrating many cabinet functions in the hands of close aides. Modi’s party has secured a second straight parliamentary majority and radically expanded its grip on India’s states: today, two-thirds of all state governments rest with the BJP or its allies. If current projections hold, the BJP and its allies could occupy a majority in India’s upper house of parliament—which must confirm major legislation passed in the lower house—by the end of next year.
The dominance of the BJP, however, has surprisingly little do with its economic track record. Modi has succeeded politically despite —not because of—the economy, which is in the midst of a protracted downturn that began on his watch. For his second term, the prime minister has doubled down on the grand economic promises he made in his 2014 campaign and gone still further, setting a goal of turning India into a $5 trillion economy by 2024. But his government has struggled to articulate just how it will bring about India’s economic renewal. While the prime minister has yet to pay a serious political price for this failure, he cannot count on the indefinite forbearance of Indian voters.
About the Author
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.
- Delimitation After Defeat: India’s Unfinished Debate Over RepresentationPaper
- India and a Changing Global Order: Foreign Policy in the Trump 2.0 EraResearch
- +6
Milan Vaishnav, Sameer Lalwani, Tanvi Madan, …
Recent Work
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 Endowment for International Peace
- Early Lessons in the Pursuit of Sovereign AIArticle
As the experiences of India and the UAE suggest, attaining complete sovereignty is unrealistic for most nations. But that doesn’t mean they must depend on the United States or China.
Shreya Joshi
- From Trade Dependence to Geopolitical Leverage: The EU in an Era of Weaponized InterdependencePaper
As geopolitical rivalry weaponizes global supply chains, the EU’s true vulnerability lies in emerging-risk imports. For these goods, suppliers are growing more concentrated, substitution more difficult, and political risk is looming.
Sinan Ülgen
- Next Steps Toward Peace After the Armenian ElectionsCommentary
It’s time to build momentum, and Ankara is the venue of the next opportune diplomatic window to do this.
Alper Coşkun, Garo Paylan
- European Security Strategy: In Search of a New AmbitionCommentary
The EU is putting together a new security strategy to meet today’s myriad challenges. But for any proposal to be effective, the union needs to grapple with its identity and ambitions.
Pierre Vimont
- Senegal’s Debt Crisis Has Moved Its Leaders from Partners to RivalsCommentary
The impacts of the Faye-Sonko rupture could go well beyond the country’s borders.
Lesley Anne Warner