• Research
  • Politika
  • About
Carnegie Russia Eurasia center logoCarnegie lettermark logo
  • 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": [],
  "regions": [
    "South Asia",
    "India"
  ],
  "topics": [
    "Economy"
  ]
}

Source: Getty

In The Media

Modi: One Year On

Narendra Modi’s number one priority is the economy. But while he deserves some credit for improving India’s macroeconomic performance, he has been slow to enact bold reforms that could improve the business climate and the functioning of government.

Link Copied
By Milan Vaishnav
Published on May 2, 2015

Source: Monocle

As Narendra Modi completes a year in office, Monocle’s Steve Bloomfield is joined by Milan Vaishnav and Shashank Bengali to discuss where the world’s largest democracy is today.

Vaishnav begins by saying that Modi’s number one priority is the economy, and that he deserves some credit for improving India’s macroeconomic performance. However, he has been slow to enact bold reforms that could improve the business climate and the functioning of government. Vaishnav also notes that Modi has avoided addressing hot-button social issues himself, yet he has declined to condemn& inflammatory comments from his allies in the BJP and RSS.

This interview was originally broadcast by Monocle.

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, federalism, and electoral behavior. He also conducts research on the Indian diaspora.

    Recent Work

  • Paper
    How Populist Middle Powers Are—and Are Not—Reshaping Global Politics
      • Christopher Chivvis

      Christopher S. Chivvis, Rohan Mukherjee, Milan Vaishnav

  • Commentary
    Carnegie’s Summer Beach Reads
      • Steve Feldstein
      • +8

      Sophia Besch, Eric Ciaramella, Steve Feldstein, …

Milan Vaishnav
Director and Senior Fellow, South Asia Program
Milan Vaishnav
EconomySouth 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 Russia Eurasia Center

  • Commentary
    Carnegie Politika
    As It Turns 25, the Shanghai Cooperation Organization Reflects the New World Order

    With the growth in points of friction between the great powers, organizations like the SCO will continue to play a role in the strategic adaptation of the smaller powers caught between them.

      Temur Umarov

  • Commentary
    Carnegie Politika
    Russia’s Elite Conflict Over Internet Restrictions Does Not Herald Regime Collapse

    A much-discussed disagreement over internet restrictions in Russia was never an existential threat for Putin: It was about elite groups protecting their interests.  

      Alexandra Prokopenko

  • Commentary
    Carnegie Politika
    Could Migrants From India and Africa Solve Russia’s Labor Shortage?

    The demands of the Kremlin’s war in Ukraine, demographic problems, and public hostility toward Central Asians mean Russia does not have enough workers.  

      Salavat Abylkalikov

  • Commentary
    Carnegie Politika
    Russian Market Sours for Belarusian State Companies

    Minsk’s faith in the future of its larger neighbor’s economy is fading as Belarusian firms in Russia see record losses.    

      Olga Loiko

  • Commentary
    Carnegie Politika
    In Russia, Private Companies Have Been Left to Pick Up the Tab for Ukrainian Drone Attacks

    The cost of air defense has become an unregistered tax on revenue for businesses. While military rents are consolidated in the federal budget, the costs of defense are being spread across the balance sheets of companies and regional governments.

      Alexandra Prokopenko

Get more news and analysis from
Carnegie Russia Eurasia Center
Carnegie Russia Eurasia logo, white
  • Research
  • Politika
  • About
  • Experts
  • Events
  • Contact
  • Privacy
  • For Media
Get more news and analysis from
Carnegie Russia Eurasia Center
© 2026 Carnegie Endowment for International Peace. All rights reserved.