Asia | What Modi 3.0 may mean

A weakened Narendra Modi subsidises jobs and doles out pork

The prime minister has had to compromise after a disappointing election

A slum and high rise buildings are seen in the background in Mumbai, India.
Mumbai: a tale of two citiesPhotograph: AP
|Delhi

Narendra Modi, India’s prime minister, was brimming with confidence when his government unveiled an interim budget in February. With a general election a few weeks away, his ruling Bharatiya Janata Party (BJP) was widely expected to retain, and possibly expand, its majority in parliament. Such was his sureness of victory that the mini-budget contained few of the welfare handouts and other sops that often precede Indian elections. It focused instead on trimming the fiscal deficit, improving infrastructure and other measures aimed at a long-term goal to make India a developed country by 2047, the centenary of its independence.

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This article appeared in the Asia section of the print edition under the headline “Jobs and pork-barrel politics”

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From the July 27th 2024 edition

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