Friday, March 29, 2024
Homeinvesting in indiaHere's how Indian PM Modi's tried to kickstart India

Here’s how Indian PM Modi’s tried to kickstart India

From a rockstar reception at the packed Madison Square Garden in New York City to meeting Queen Elizabeth on his tour of the United Kingdom, Indian Prime Minister Narendra Modi has made heads turn with his meteoric rise to the top rung of Indian politics.

Since Modi and his Bharatiya Janata Party (BJP) came to power, the Indian government has introduced policy reforms that have been welcomed by investors, economists and analysts alike, India has also replaced China as the world's fastest growing major economy.

But Modi's party does not have a majority in India's upper house of parliament, which Rajiv Biswas, chief economist for Asia Pacific at IHS Global Insight, says has made it difficult for the PM to get his reform bills passed.

It's been a hectic period in power for Modi. Here are the high points, and pitfalls, he has encountered in his reform drive:

— Follow CNBC International on Twitter and Facebook.

RELATED ARTICLES
- Advertisment -

Most Popular