Narendra Modi’s reform momentum has finally hit a wall in India

narendra modis reform momentum has finally hit a wall in india

Sumary of Narendra Modi’s reform momentum has finally hit a wall in India:

  • First, the government made a U-turn on the three laws that Prime Minister Narendra Modi wanted to use to shake up the stagnant farm economy.
  • Why is it so hard for a powerful — and, after more than seven years in the top job, still highly popular — leader to enforce his will?
  • Within a year of becoming prime minister, Modi tried to tilt the balance so that village plots could be acquired more easily for infrastructure or affordable housing.
  • But opposition leader Rahul Gandhi mocked him in parliament for favoring crony capitalists dressed in “suits and boots.
  • Despite opposition from bank employees’ unions, a bill — to be introduced in the upcoming winter session of parliament — will pave the way for privatizing two state-run lenders.

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